Othmar Karas
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Othmar Karas (born 24 December 1957) is an
Austria Austria, formally the Republic of Austria, is a landlocked country in Central Europe, lying in the Eastern Alps. It is a federation of nine Federal states of Austria, states, of which the capital Vienna is the List of largest cities in Aust ...
n politician who served as the First Vice-President of the European Parliament since January 2022, having been a
Member of the European Parliament A member of the European Parliament (MEP) is a person who has been Election, elected to serve as a popular representative in the European Parliament. When the European Parliament (then known as the Common Assembly of the European Coal and S ...
(MEP) since 1999. He is a member of the
Austrian People's Party The Austrian People's Party ( , ÖVP ) is a Christian-democratic and liberal-conservative political party in Austria. Since January 2025, the party has been led by Christian Stocker (as an acting leader). It is currently the second-largest p ...
(ÖVP), which in turn affiliates with the
European People's Party The European People's Party (EPP) is a European political party with Christian democracy, Christian democratic, liberal conservatism, liberal-conservative, and conservative member parties. A transnational organisation, it is composed of other p ...
. Karas sat on the
European Parliament The European Parliament (EP) is one of the two legislative bodies of the European Union and one of its seven institutions. Together with the Council of the European Union (known as the Council and informally as the Council of Ministers), it ...
's Committee on Economic and Monetary Affairs and the Special Committee on Tax Rulings and Other Measures Similar in Nature or Effect. Between 2012 and 2022, he was one of the vice presidents of the European Parliament. He was elected as First Vice-President on 18 January 2022.


Education and early career

* Manager in the banking and insurance sector (since 1981) * Magister of Philosophy, political science, University of Vienna (1996) * Master of European and International Business Law (MBL), University of St. Gallen (1997) * Doctor of Philosophy, political science, University of Vienna (2017) * Assistant Secretary-General of Bundesländer Versicherung (currently on leave of absence)


Political career


Beginnings

* Federal president of the Union of Students (1976–1979) * Political adviser to the ÖVP (1979–1980) * First Vice-Chairman of the Austrian Federal Youth Association (1980–1990) * Federal Chairman of the Young ÖVP (1981–1990) * Member of the national executive of the ÖVP (1981–1991) * Secretary-General of the ÖVP (1995–1999) * Vice-President of the Young European Christian-Democrats (EUJCD) (1981–1990) * Member of the EPP Bureau and Council (since 1995) * Member of the steering committee of the
European Democrat Union The European Democrat Union (EDU) was one of the three European wings of the International Democrat Union, along with the European People's Party (EPP) and the European Conservatives and Reformists Party (ECR Party). Its members included Christia ...
(EDU) (since 1995) * Member of the National Council (1983–1990)


Member of the European Parliament, 1999–2024

Karas was a
Member of the European Parliament A member of the European Parliament (MEP) is a person who has been Election, elected to serve as a popular representative in the European Parliament. When the European Parliament (then known as the Common Assembly of the European Coal and S ...
from the 1999 European elections to 2024. He served on the Committee on Economic and Monetary Affairs. Previously, he has also served as a substitute for the
Committee on the Internal Market and Consumer Protection The Committee on the Internal Market and Consumer Protection (IMCO) is a Committees of the European Parliament, committee of the European Parliament. Work of the committee The committee is responsible for: * Coordination at Community level of na ...
and as a member of the temporary committee on policy challenges and budgetary means of the enlarged Union 2007–2013. More recently, he was a member of the Special Committee on Tax Rulings and Other Measures Similar in Nature or Effect in 2015 and the Committee of Inquiry to investigate alleged contraventions and maladministration in the application of Union law in relation to money laundering, tax avoidance and tax evasion in 2016. In 2020, he also joined the Subcommittee on Tax Matters. In the European Parliament, Karas became one of the centre-right's experts on
financial regulation Financial regulation is a broad set of policies that apply to the financial sector in most jurisdictions, justified by two main features of finance: systemic risk, which implies that the failure of financial firms involves public interest consi ...
. As the
rapporteur A rapporteur is a person who is appointed by an organization to report on the proceedings of its meetings. The term is a French-derived word. For example, Dick Marty was appointed ''rapporteur'' by the Parliamentary Assembly of the Council of Eur ...
for the Capital Requirements Directive IV, he played a central role in the parliamentary implementation of capital requirements agreed in the
Basel III Basel III is the third of three Basel Accords, a framework that sets international standards and minimums for bank capital requirements, Stress test (financial), stress tests, liquidity regulations, and Leverage (finance), leverage, with the goa ...
accords. He helped negotiate a 2013 agreement on an EU-wide cap on
bankers' bonuses Bankers' bonuses are traditionally paid or awarded to some workers in the finance industry at the end of the bank's financial year. They are intended to reward employee behavior during that year that has increased the profits of the bank or some r ...
. Alongside Liêm Hoang Ngoc, he later co-drafted a controversial 2014 report highlighting problems with the European Union-led bail-outs of
Greece Greece, officially the Hellenic Republic, is a country in Southeast Europe. Located on the southern tip of the Balkan peninsula, it shares land borders with Albania to the northwest, North Macedonia and Bulgaria to the north, and Turkey to th ...
,
Portugal Portugal, officially the Portuguese Republic, is a country on the Iberian Peninsula in Southwestern Europe. Featuring Cabo da Roca, the westernmost point in continental Europe, Portugal borders Spain to its north and east, with which it share ...
,
Cyprus Cyprus (), officially the Republic of Cyprus, is an island country in the eastern Mediterranean Sea. Situated in West Asia, its cultural identity and geopolitical orientation are overwhelmingly Southeast European. Cyprus is the List of isl ...
and
Ireland Ireland (, ; ; Ulster Scots dialect, Ulster-Scots: ) is an island in the North Atlantic Ocean, in Northwestern Europe. Geopolitically, the island is divided between the Republic of Ireland (officially Names of the Irish state, named Irelan ...
during the
European debt crisis The euro area crisis, often also referred to as the eurozone crisis, European debt crisis, or European sovereign debt crisis, was a multi-year debt crisis and financial crisis in the European Union (EU) from 2009 until, in Greece, 2018. The e ...
. In addition to his committee assignments, Karas was the chairman of the parliament's delegation to the EU-Russia Parliamentary Cooperation Committee since 2014. He had served previously as member of the delegation for relations with
Japan Japan is an island country in East Asia. Located in the Pacific Ocean off the northeast coast of the Asia, Asian mainland, it is bordered on the west by the Sea of Japan and extends from the Sea of Okhotsk in the north to the East China Sea ...
and as a substitute for the delegation for relations with the
People's Republic of China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...
. Within his political bloc, the centre-right
European People's Party Group The European People's Party Group (EPP Group or simply EPP) is a political group of the European Parliament consisting of deputies (MEPs) from the member parties of the European People's Party (EPP). Sometimes it also includes independent ME ...
, Karas served as the group's spokesperson on economic affairs from 2002 until 2004 and as vice-president and treasurer from 2004 until 2011. From 2011 until 2019, he led the ÖVP delegation within the EPP group. In the 2009 European elections, the ÖVP leadership replaced Karas by Ernst Strasser as its lead candidate for the European Parliament; Strasser later had to resign as a consequence of the 2011 cash for influence scandal. Ahead of the 2014 European elections, the ÖVP re-nominated Karas as its lead candidate. At the time, he was considered by Austrian media as a possible successor to
Johannes Hahn Johannes Hahn (born 2 December 1957) is an Austrian politician who has served as European Commissioner for Budget and Administration under Ursula von der Leyen since 1 December 2019. He previously served as European Commissioner for Neighbourho ...
as Austrian nominee for European Commissioner. From the
2019 European Parliament election The 2019 European Parliament election was held in the European Union (EU) between 23 and 26 May 2019. It was the ninth parliamentary election since the first direct elections in 1979. A total of 751 Members of the European Parliament (MEPs) we ...
, Karas served as one of its Vice-Presidents; in this capacity, he was part of the Parliament's leadership under President David Sassoli. In 2021, Karas was appointed to the EPP group's task force for proposing changes to its rules of procedure to allow for “the possibility of the collective termination of membership of a group of Members rather than just individual membership”, alongside
Esteban González Pons Esteban González Pons (; born 21 August 1964) is a Spanish politician of the People's Party (Spain), People's Party (PP) who was a member of the European Parliament between 2014 and 2023. He was elected to the 15th Congress of Deputies from Val ...
, Jan Olbrycht, Esther de Lange and Paulo Rangel. In late 2021, Karas announced his candidacy to succeed Sassoli as
President of the European Parliament The president of the European Parliament presides over the debates and activities of the European Parliament. They also represent the Parliament within the European Union (EU) and internationally. The president's signature is required for Euro ...
. The EPP selected Roberta Metsola as their candidate for President to succeed Sassoli, and she was elected President on 18 January 2022. On the same day, Karas was elected First Vice-President of the European Parliament.


Political positions

Following the 2014 elections, Karas joined fellow MEPs Sven Giegold, Sylvie Goulard,
Sophie in 't Veld Sophia Helena "Sophie" in 't Veld (born 13 September 1963) is a Dutch politician (Volt, previously D66). She was elected as a Member of the European Parliament in 2004, and reelected in 2009, 2014 and 2019. She was D66's top candidate for the ...
and
Alessia Mosca Alessia Mosca (born 23 May 1975) is the Secretary General of Italy-ASEAN association. She is a former Italian politician who was a Member of the European Parliament (MEP) from 2014 to 2019 and a member of the Italian Chamber of Deputies from 200 ...
in an
open letter An open letter is a Letter (message), letter that is intended to be read by a wide audience, or a letter intended for an individual, but that is nonetheless widely distributed intentionally. Open letters usually take the form of a letter (mess ...
aimed at exerting pressure on the
President of the European Commission The president of the European Commission, also known as president of the College of Commissioners is the Head of government, head of the European Commission, the Executive (government), executive branch of the European Union (EU). The president ...
and national government leaders during the nominations process to improve the gender balance in the composition of the
European Commission The European Commission (EC) is the primary Executive (government), executive arm of the European Union (EU). It operates as a cabinet government, with a number of European Commissioner, members of the Commission (directorial system, informall ...
. In 2020, Karas led an initiative of nearly 40 other EPP members who pushed to expel Tamás Deutsch from their parliamentary group after the latter had compared comments made by group leader
Manfred Weber Manfred Weber (born 14 July 1972) is a German politician who has been serving as President of the European People's Party (EPP) since 2022 and as Leader of the EPP Group in the European Parliament since 2014. He has been a Member of the European ...
to the slogans of the
Gestapo The (, ), Syllabic abbreviation, abbreviated Gestapo (), was the official secret police of Nazi Germany and in German-occupied Europe. The force was created by Hermann Göring in 1933 by combining the various political police agencies of F ...
and Hungary's communist-era secret police; Deutsch was eventually suspended but not expelled from the group.


Timeline of positions held

* Hilfswerk Austria, President (since 1998) * Political Academy of the Austrian People's Party, Vice-President * Austrian Society for China Studies (ÖGCF), Member of the Presidium * Austrian Association of Graduates, Member of the Board * Institute for Public Social Responsibility, Member of the Board of Trustees * Kangaroo Group, President (2009-2013), Member of the Board (since 2013)


Controversy

In 2005, EU parliamentarian Hans Peter Martin revealed that Karas collected thousands of euros of "daily allowance" of 262 euros a day, even though he was often only in Brussels for a few hours on those days or it was a matter of holiday weeks.


Awards

* 2003 –
Decoration of Honour for Services to the Republic of Austria The Decoration of Honour for Services to the Republic of Austria () is a state decoration of the Republic of Austria. It is divided into 15 classes and is the highest award in the Austrian national honours system. History The Decoration of Hono ...
* 2024 - Winner, Lifetime Achievement Award, ''
The Parliament Magazine ''The Parliament Magazine'' is a monthly EU politics, policy and culture magazine. Its website, www.theparliamentmagazine.eu, is a forum for discussion on the latest developments in EU politics and policy, featuring regular contributions from pr ...
s MEP Awards.


Personal life

Karas is married to Dr. Christa Waldheim-Karas, daughter of
Kurt Waldheim Kurt Josef Waldheim (21 December 1918 – 14 June 2007) was an Austrian politician and diplomat. Waldheim was the Secretary-General of the United Nations#List of secretaries-general, secretary-general of the United Nations from 1972 to 1981 a ...
and Elisabeth Waldheim.


References


External links


Official website
(in
German German(s) may refer to: * Germany, the country of the Germans and German things **Germania (Roman era) * Germans, citizens of Germany, people of German ancestry, or native speakers of the German language ** For citizenship in Germany, see also Ge ...
) *
Declaration
of financial interests (in German;
PDF Portable document format (PDF), standardized as ISO 32000, is a file format developed by Adobe Inc., Adobe in 1992 to present documents, including text formatting and images, in a manner independent of application software, computer hardware, ...
file) {{DEFAULTSORT:Karas, Othmar 1957 births Austrian People's Party MEPs Living people MEPs for Austria 1999–2004 MEPs for Austria 2004–2009 MEPs for Austria 2009–2014 MEPs for Austria 2014–2019 MEPs for Austria 2019–2024 University of St. Gallen alumni