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Franz Vranitzky
Franz Vranitzky (; born 4 October 1937) is an Austrian politician. A member of the Social Democratic Party of Austria (SPÖ), he was Chancellor of Austria from 1986 to 1997. Early life and career As the son of a foundryman, Vranitzky was born into humble circumstances in Vienna's 17th district. He attended the Realgymnasium Geblergasse and studied economics, graduating in 1960. He financed his studies teaching Latin and English and as a construction worker. As a young man, Vranitzky played basketball and was a member of Austria's national team, which in 1960 unsuccessfully tried to qualify for the 1960 Summer Olympics in Rome. In 1962 he joined the Social Democratic Party of Austria (SPÖ). In 1962, Vranitzky married Christine Christen, with whom he fathered two children. Vranitzky began his career in 1961 at Siemens-Schuckert, but within the year switched to Austria’s central bank Oesterreichische Nationalbank. In 1969, he received a doctorate in International business stu ...
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Chancellor Of Austria
The chancellor of the Republic of Austria () is the head of government of the Republic of Austria. The position corresponds to that of Prime Minister in several other parliamentary democracies. Current officeholder is Karl Nehammer of the Austrian People's Party (ÖVP), who was sworn in on 6 December 2021 following the resignations of Sebastian Kurz and Alexander Schallenberg, of the same party, as party leader and Chancellor. All three leaders formed a government with the Green Party, the first coalition between these two parties at the federal level. Brigitte Bierlein was the Second Republic's first , forming a nonpartisan caretaker government between a vote of no confidence in Kurz's first government in June 2019 and the formation of his second in January 2020. The chancellor's place in Austria's political system Austria's chancellor chairs and leads the cabinet, which is composed of the chancellor, the vice chancellor and the ministers. Together with the president, wh ...
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Foundryman
A foundry is a factory that produces metal casting (metalworking), castings. Metals are cast into shapes by melting them into a liquid, pouring the metal into a mold, and removing the mold material after the metal has solidified as it cools. The most common metals processed are aluminum and cast iron. However, other metals, such as bronze, brass, steel, magnesium, and zinc, are also used to produce castings in foundries. In this process, parts of desired shapes and sizes can be formed. Foundries are one of the largest contributors to the manufacturing recycling movement, melting and recasting millions of tons of scrap metal every year to create new durable goods. Moreover, many foundries use sand in their molding process. These foundries often use, recondition, and reuse sand, which is another form of recycling. Process In metalworking, casting involves pouring liquid metal into a molding (process), mold, which contains a hollow cavity of the desired shape, and then allowing ...
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, massa ...
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UN Secretary General
The secretary-general of the United Nations (UNSG or SG) is the chief administrative officer of the United Nations and head of the United Nations Secretariat, one of the six principal organs of the United Nations. The role of the secretary-general and of the secretariat is laid out by Chapter XV (Articles 97 to 101) of the United Nations Charter. However, the office's qualifications, selection process and tenure are open to interpretation; they have been established by custom. Selection and term of office The secretary-general is appointed by the General Assembly upon the recommendation of the Security Council. As the recommendation must come from the Security Council, any of the five permanent members of the council can veto a nomination. Most secretaries-general are compromise candidates from middle powers and have little prior fame. Unofficial qualifications for the job have been set by precedent in previous selections. The appointee may not be a citizen ...
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Austrian People's Party
The Austrian People's Party (german: Österreichische Volkspartei , ÖVP ) is a Christian-democratic and liberal-conservative political party in Austria. Since December 2021, the party has been led provisionally by Karl Nehammer. It is currently the largest party in the National Council, with 71 of the 183 seats, and won 37.5% of votes cast in the 2019 legislative election. It holds seats in all nine state legislatures, and is part of government in seven, of which it leads six. The ÖVP is a member of the International Democrat Union and the European People's Party. It sits with the EPP group in the European Parliament; of Austria's 19 MEPs, 7 are members of the ÖVP. An unofficial successor to the Christian Social Party of the late 19th and early 20th centuries, the ÖVP was founded immediately following the re-establishment of the Republic of Austria in 1945. Since then, it has been one of the two traditional major parties in Austria, alongside the Social Democratic ...
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Freedom Party Of Austria
The Freedom Party of Austria (german: Freiheitliche Partei Österreichs, FPÖ) is a right-wing populist and national-conservative political party in Austria. It was led by Norbert Hofer from September 2019 to 1 June 2021.Staff (1 June 2021"Austrian far-right leader Norbert Hofer resigns as FPÖ chief"''Deutsche Welle'' It is the third largest of five parties in the National Council, with 30 of the 183 seats, and won 16.2% of votes cast in the 2019 legislative election. It is represented in all nine state legislatures, and a member of two state cabinets (both operating under the Proporz system). On a European level, the FPÖ is a founding member of the Identity and Democracy Party and its three Members of the European Parliament (MEPs) sit with the Identity and Democracy (ID) group. The FPÖ was founded in 1956 as the successor to the short-lived Federation of Independents (VdU), representing pan-Germanists and national liberals opposed to socialism, represented by the So ...
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Länderbank
The Länderbank, full original name k. k. privilegierte Österreichische Länderbank () was a major Austrian bank, created in 1880. In 1922 its head office was moved to Paris under the name Banque des Pays de l'Europe Centrale (BPEC, german: Zentral-Europäische Länderbank, ), even though its activity remained overwhelmingly in the Austrian operations. After the 1938 Anschluss the latter came under control of Dresdner Bank by the name Länderbank Wien. It was nationalized in 1946, renamed Österreichische Länderbank AG in 1948, and eventually merged in 1991 with Vienna's Zentralsparkasse to form Bank Austria, which in turn has been a subsidiary of UniCredit since 2005. Habsburg era The Länderbank was founded on as a part-owned subsidiary of Paris-based Union Générale, first chaired by Galician aristocrat . Union Generale's promoter intended it as a conservative Catholic project against the financial power of the Jewish Rothschild family which led Austria-Hungary's larges ...
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Creditanstalt
The Creditanstalt (sometimes Credit-Anstalt, abbreviated as CA), full original name k. k. priv. Österreichische Credit-Anstalt für Handel und Gewerbe (), was a major Austrian bank, founded in 1855 in Vienna. From its founding until 1931, the Creditanstalt was led by members of the Rothschild family, who were among its significant shareholders. Its historically consequential failure in 1931 led to a merger engineered by the Austrian government in 1934, in which it combined with the Wiener Bankverein and the sound parts of the Niederösterreichische Escompte-Gesellschaft to form Österreichische Creditanstalt - Wiener Bankverein, later abbreviated to Creditanstalt-Bankverein. The latter came under the control of Deutsche Bank following the Anschluss in 1938, was nationalized in 1945, and was eventually acquired in 1997 by Bank Austria to form Bank Austria-Creditanstalt, since 2005 a subsidiary of UniCredit. UniCredit phased out the Creditanstalt brand in 2008. Foundation and d ...
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Bruno Kreisky
Bruno Kreisky (; 22 January 1911 – 29 July 1990) was an Austrian social democratic politician who served as Foreign Minister from 1959 to 1966 and as Chancellor from 1970 to 1983. Aged 72 at the end of his chancellorship, he was the oldest Chancellor after World War II. His 13-year tenure was the longest of any Chancellor in republican Austria. With his 13-year chancellorship, known as the Kreisky era, he is one of the most important political figures in the country as well as in Western European social democracy. Partly at the same time as him, the Social Democrats Willy Brandt of West Germany and Olof Palme of Sweden were heads of government, with whom he worked closely in the Socialist International. Life and political career Kreisky was born in Margareten, a district of Vienna, to a non-observant Jewish family. His parents were Max Kreisky (1876, Klattau – 1944) and Irene Kreisky née Felix (1884, Třebíč – 1969). His father worked as a textile manufactur ...
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List Of Ministers Of Finance (Austria)
The Minister of Finance of Austria (german: Bundesminister für Finanzen) heads the Ministry of Finance A ministry of finance is a part of the government in most countries that is responsible for matters related to the finance. Lists of current ministries of finance Named "Ministry" * Ministry of Finance (Afghanistan) * Ministry of Finance and Ec .... Ministers First Republic Second Republic See also * Ministry of Finance (Austria) Notes References {{Austrian Federal Ministries Finance ...
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Hannes Androsch
Johannes "Hannes" Androsch (born 18 April 1938) is an Austrian entrepreneur and consultant; a former Social Democrat top politician who served as an Austrian Finance Minister from 1970 to 1981 and additionally as vice chancellor from 1976 to 1981; and a former banker who from 1981 to 1988 was the general director of the Creditanstalt-Bankverein (Austria’s leading bank at that time) and subsequently an advisor to the World Bank. From 1989 onward he built an industrial investment group, Androsch International Consulting (AIC), which is a major factor in Austria's internationally active corporate landscape. In addition, Androsch's foundation is an important sponsor of research and development activities in Austria, where he is regularly consulted on matters of political, economic and financial importance. Youth and early political activities Androsch was born on 18 April 1938 in Vienna, where his parents, Hans and Lia, were tax advisors in the district Floridsdorf. The family liv ...
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Oesterreichische Nationalbank
The Oesterreichische Nationalbank (OeNB) is the central bank of Austria and, as such, an integral part of both the European System of Central Banks (ESCB) and the Eurozone. It started operations on , replacing the Austro-Hungarian Bank of which it adopted the original name at its creation in 1816 (german: privilegirte oesterreichische National-Bank). In the public interest, the Oesterreichische Nationalbank contributes to monetary and economic policy decision-making in Austria and in the Euro area. In line with the Federal Act on the Oesterreichische Nationalbank, the OeNB is a stock corporation. Given its status as a central bank, it is, however, governed by a number of special provisions, as laid down in the Nationalbank Act. The OeNB's capital totals €12 million and is held by a sole shareholder, the federal government. The shareholder rights of the federal government are exercised by the Minister of Finance. Since May 2010, this capital is entirely held by the Austr ...
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