Government Battles for OeNB´s Reorder

People ♦ Published: June 2, 2012; 11:56 ♦ (Vindobona)

The reorder of the supervisory board and the management board at the Austrian Central Bank( OeNB) was brought forward. Now, a dispute between the coalition parties arose.

Government Battles for OeNB´s Reorder / Picture: © OeNB

A government-internal dispute about the re-election of OeNB executives and supervisors keeps the governing parties SPÖ and ÖVP busy.

Finance Minister Maria Fekter (ÖVP) refuses to extend the mandate for Werner Muhm (SPÖ). A few days ago, his mandate expired. Muhm acts as chairman of the Viennese Chamber of Labor and is the commercial counselor of Chancellor Werner Faymann…