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Peer Steinbrueck was member of the Bilderberg Meeting 2011.
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== Miscellaneous ==
The German wikipedia article about Peer Steinbrück is regularly devastated by right wing groups.<ref>{{cite news|url=http://thomas7.netau.net/|title=Vandalism by right wing groups|publisher=Thomas7 Sieben|accessdate=05 October 2012|date=05 October 2012}}</ref>


== References ==
== References ==

Revision as of 19:57, 9 October 2012

Peer Steinbrück
Minister of Finance
In office
22 November 2005 – 27 October 2009
ChancellorAngela Merkel
Preceded byHans Eichel
Succeeded byWolfgang Schäuble
Minister-President of North Rhine-Westphalia
In office
6 November 2002 – 24 June 2005
Preceded byWolfgang Clement
Succeeded byJürgen Rüttgers
Minister of Finance of North Rhine-Westphalia
In office
22 February 2000 – 6 November 2002
PremierWolfgang Clement
Preceded byHeinz Schleußer
Succeeded byJochen Dieckmann
Minister of Economy of North Rhine-Westphalia
In office
28 October 1998 – 21 February 2000
PremierWolfgang Clement
Preceded byBodo Hombach
Succeeded byErnst Schwanhold
Minister of Economy of Schleswig-Holstein
In office
19 May 1993 – 28 October 1998
PremierHeide Simonis
Preceded byUwe Thomas
Succeeded byHorst Günter Bülck
Personal details
Born (1947-01-10) 10 January 1947 (age 77)
Hamburg, West Germany
(now Germany)
Political partySocial Democratic Party
Alma materUniversity of Kiel
WebsiteOfficial website

Peer Steinbrück (born 10 January 1947) is a German social democratic politician and his party's designated candidate for the post of Chancellor in the 2013 general elections. From 2005 to 2009 he served as German Federal Minister of Finance in the cabinet of Angela Merkel. He was nominated by his party as opposition candidate for Bundeskanzler in the 2013 elections on 28 September 2012.[1]

Early political career

Steinbrück was born in Hamburg on 10 January 1947. After having been trained as an officer of the reserve of the Bundeswehr, Steinbrück studied economics in Kiel. He graduated in 1974.

After graduation Steinbrück worked for several German ministries and, from 1978 to 1981, in the office of German Chancellor Helmut Schmidt. In the 1980s, Steinbrück was Chief of Staff to the Minister President of North Rhine-Westphalia, Johannes Rau.

In 1993, he became Minister of Economy and Infrastructure in the State of Schleswig-Holstein. He then returned to North Rhine-Westphalia, where he became Minister of Economy and Infrastructure in 1998 and Finance Minister in 2000.

From 2002 to 2005 Peer Steinbrück served as Minister President (Ministerpräsident or governor) of North Rhine-Westphalia.[2] He headed a coalition government between the SPD and the Green Party.

In the state election on 22 May 2005, Steinbrück's SPD lost to the Christian democratic (CDU) opposition. This loss also had consequences for federal politics: then German Chancellor Gerhard Schröder, who already was enfeebled by weak opinion polls and criticism within his own party, announced to call for an early federal election for the Bundestag. This ultimately resulted in the 2005 federal election.

Finance Minister

After the 2005 Bundestag election, SPD and CDU formed a grand coalition under the leadership of new Chancellor Angela Merkel (CDU). Peer Steinbrück became finance minister of Germany. Since 2005, he also has been deputy chairman of the SPD. He is generally considered a member of the more conservative wing of the party.

In December 2008, Steinbrück controversially attacked the British Keynesian approach to economic policy in an interview with Newsweek.[3] He raised scepticism about the effectiveness of large fiscal stimulus packages and criticised the resulting increase in public debt.

Steinbrück was also a sharp critic of the Swiss banking secrecy, which in 2009 caused some tensions between Germany and Switzerland.[4]

In a 2010 interview on German television, it appeared that the former minister, who had adopted a very critical stance of the shadow banking system, attributed characteristics of the private equity industry to hedge funds.[5] Peer Steinbrück is a Member of Parliament (Bundestag) since 2009. He has been a prominent speaker for the SPD, especially on economic matters.

References

  1. ^ Melissa Eddy: Merkel's Former Finance Minister to Run Against Her. nytimes.com. Retrieved 29 September 2012
  2. ^ Moulson, Geir (28 September 2012). "Peer Steinbrueck, Former Finance Minister, To Challenge German Chancellor Angela Merkel In 2013". The Huffington Post. AP. Retrieved 28 September 2012.
  3. ^ "German ridicule for UK policies". BBC News. 10 December 2008. Retrieved 10 December 2008.
  4. ^ "Germany's Wild West Tone Angers the Swiss". Spiegel Online. Retrieved 12 July 2009.
  5. ^ "Broadcast of interview on Beckmann". ARD (broadcaster). Retrieved 19 February 2011.
Political offices
Preceded by Minister of Economy of Schleswig-Holstein
1993–1998
Succeeded by
Preceded by Minister of Economy of North Rhine-Westphalia
1998–2000
Succeeded by
Preceded by Minister of Finance of North Rhine-Westphalia
2000–2002
Succeeded by
Preceded by Minister-President of North Rhine-Westphalia
2002–2005
Succeeded by
Preceded by Minister of Finance
2005–2009
Succeeded by

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