Former Chancellor Karl Nehammer Nominated for Top Job at EU Bank

PeoplePoliticians ♦ Published: April 1, 2025; 18:01 ♦ (Vindobona)

Finance Minister Markus Marterbauer (SPÖ) has nominated former Federal Chancellor and ex-ÖVP leader Karl Nehammer for a position on the Board of Directors of the European Investment Bank (EIB).

Despite some controversy, Nehammer is expected to accept the nomination due to his political experience and previous activities at the European level and will therefore represent Austria on the EIB's governing body. / Picture: © Bundeskanzleramt (BKA) / Florian Schrötter

The political career of former Federal Chancellor Karl Nehammer (ÖVP) seems to be taking a new, international turn: He has been nominated by SPÖ Finance Minister Markus Marterbauer for one of Europe's most prestigious posts - a seat on the board of directors of the European Investment Bank (EIB). While his supporters speak of a “recognition of European experience”, critics such as…