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Fekter to Remain as Finance Minister

Published: April 13, 2012; 13:52 · (Vindobona)

This week, rumors on the replacement of the Austrian Finance Minister Maria Fekter occurred. Claus Raidl, who was said to replace Fekter, denies this.

Fekter to Remain as Finance Minister / Picture: © ÖVP Bundespartei / Jacob Glaser

Claus Raidl, president of Austria’s central bank and former chief executive officer of specialty steelmaker Boehler-Uddeholm AG, said he won’t become the Austria´s finance minister, rejecting reports in two Austrian newspapers. “I said 10 years ago that I wasn’t the future hope of the People’s Party,” Raidl, 69, told reporters in Vienna yesterday.

Several Austrian…

This article includes a total of 138 words.

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