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Peer Steinbrück

Peer Steinbrück (born 10 January 1947) is a German politician who was the Chancellor-candidate of the Social Democratic Party (SPD) in the 2013 federal election.[1] Steinbrück served as the eighth Minister-President of North Rhine-Westphalia from 2002 to 2005,[2] a member of the Bundestag from 2009 to 2016, and as Federal Minister of Finance in the first Cabinet of Chancellor Angela Merkel from 2005 to 2009.[3]

Peer Steinbrück
Minister of Finance
In office
22 November 2005 – 28 October 2009
ChancellorAngela Merkel
Preceded byHans Eichel
Succeeded byWolfgang Schäuble
Minister-President of North Rhine-Westphalia
In office
6 November 2002 – 22 June 2005
DeputyMichael Vesper
Preceded byWolfgang Clement
Succeeded byJürgen Rüttgers
Deputy Leader of the Social Democratic Party
In office
15 November 2005 – 29 September 2009
Leader
Preceded byWolfgang Thierse
Succeeded byManuela Schwesig
Minister of Finance of North Rhine-Westphalia
In office
22 February 2000 – 12 November 2002
Minister-PresidentWolfgang Clement
Preceded byHeinz Schleußer
Succeeded byJochen Dieckmann
Minister of Economy and medium-sized Businesses, Technology and Transportation of North Rhine-Westphalia
In office
28 October 1998 – 22 February 2000
Minister-PresidentWolfgang Clement
Preceded byBodo Hombach
Succeeded byErnst Schwanhold
Minister of Economy, Technology and Transportation of Schleswig-Holstein
In office
19 May 1993 – 28 October 1998
Minister-PresidentHeide Simonis
Preceded byUwe Thomas
Succeeded byHorst Günter Bülck
Parliamentary constituencies
Member of the Bundestag
for North Rhine-Westphalia
In office
27 October 2009 – 30 September 2016
Preceded byRudolf Meyer
Succeeded byBettina Bähr-Losse
ConstituencySocial Democratic List
Member of the Landtag of North Rhine-Westphalia
for Unna III – Hamm II
(Unna II; 2000–2005)
In office
1 June 2000 – 21 November 2005
Preceded byWolfram Kuschke (1998)
Succeeded byGerd Stüttgen
Personal details
Born (1947-01-10) 10 January 1947 (age 76)
Hamburg, Allied-occupied Germany (now Germany)
Political partySocial Democratic Party
Alma materUniversity of Kiel
Occupation
  • Politician
  • Consultant
  • Political Staffer
Signature
Military service
AllegianceGermany
Branch/serviceBundeswehr
Years of service1968–1970
RankLeutnant
UnitArmy (Heer) / Panzergrenadierbrigade 31

A graduate of the University of Kiel, Steinbrück began his political career in the office of Chancellor Helmut Schmidt and became chief of staff to Minister-President of North Rhine-Westphalia, Johannes Rau, in 1986. Steinbrück served as a state minister in both Schleswig-Holstein and North Rhine-Westphalia and succeeded Wolfgang Clement as Minister-President of North Rhine-Westphalia in 2002. Governing in an SPD-Green coalition,[4] Steinbrück's tenure was noted for its attempt to reduce tax breaks and coal subsidies.[5] In the 2005 state election, Steinbrück's SPD lost to the Christian Democratic Union (CDU) opposition led by Jürgen Rüttgers, thus marking the end of Steinbrück's tenure as Minister-President.

After the 2005 federal election, which resulted in a Grand Coalition government under the leadership of new Chancellor Angela Merkel of the CDU, Steinbrück was appointed Minister of Finance. In this position, Steinbrück was charged with reducing Germany's budget deficit, curbing public debt, and introducing changes in the taxation system.[5] In the 2009 federal election, SPD chancellor-candidate Frank-Walter Steinmeier included Steinbrück as a member of his shadow cabinet.

In 2012, the National Assembly of the SPD elected Steinbrück as the chancellor-candidate of the SPD for the 2013 federal election. After he was nominated, controversy surrounding Steinbrück history of giving paid speeches to private banks such as JPMorgan Chase and Deutsche Bank,[6] as well as the potential conflict of interest surrounding his seat on the board of steel conglomerate Thyssenkrupp,[7] prompted criticism from both centre-right members of Angela Merkel's coalition as well as members of SPD's left-wing. Steinbrück's gaffe-prone campaign failed to gain traction,[8] and the SPD was defeated by Merkel's CDU in the federal election which took place on 22 September 2013.

Early life and education

Steinbrück was born in Hamburg, on 10 January 1947, to Ilse (née Schaper; 1919–2011) and Ernst Steinbrück (1914–1998), an architect born in Danzig. After having been trained as an officer of the reserve of the Bundeswehr, Steinbrück studied economics at the University of Kiel. He graduated in 1974.

Career

Early career, 1974–2002

After graduation Steinbrück worked for several German ministries and, from 1978 to 1981, in the office of German Chancellor Helmut Schmidt. He held positions in the Permanent Representative Office of the Federal Republic of Germany in East Berlin from 1981 to 1985. In the 1980s, Steinbrück was the chief of staff to the Minister President of North Rhine-Westphalia, Johannes Rau.

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

Minister President of North Rhine-Westphalia, 2002–2005

From 2002 to 2005 Steinbrück served as the eighth Minister President (Ministerpräsident or governor) of North Rhine-Westphalia.[2] He headed a coalition government between the SPD and the Green Party.[4]

In December 2002, Steinbrück accompanied Chancellor Gerhard Schröder on a visit to China for meetings with President of the People's Republic of China Jiang Zemin and Premier Zhu Rongji.[9]

In 2003, Steinbrück and Roland Koch, the Christian Democrat premier of Hesse, together drew up a plan to reduce tax breaks and subsidies, including those on coal. The subsidies were a particularly sensitive issue in North Rhine-Westphalia, where most of the coal mines were located then. Nevertheless, Steinbrück and Koch agreed that all subsidies were to be reduced by 12 percent over several years.[5] Steinbrück was a supporter of the so-called "Agenda 2010".[10]

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 plans to call an early federal election for the Bundestag. This resulted in the 2005 federal election four months later, after which Angela Merkel became Chancellor for the first time.

Federal Minister of Finance, 2005–2009

 
Steinbrück in 2008

After the 2005 federal election, SPD and CDU formed a Grand Coalition under the leadership of new Chancellor Angela Merkel (CDU). Peer Steinbrück became finance minister of Germany in November 2005.[3] He was charged with reducing Germany's budget deficit, curbing public debt and introducing changes in the taxation system.[5] Following his initiative, Germany introduced a flat rate withholding tax of 25 percent on private income from capital and capital gains, with the aim of preventing tax evasion.[11] He oversaw and orchestrated the regulatory and fiscal efforts to counter the largest financial and economic crisis in post-War history.

From 2005, Steinbrück also served as deputy chairman of the SPD. Ahead of the 2009 elections, German foreign minister Frank-Walter Steinmeier included Steinbrück in his shadow cabinet of 10 women and eight men for the Social Democrats’ campaign to unseat incumbent Angela Merkel as chancellor.[12]

In a joint article in the Financial Times on 14 December 2010, Steinbrück and Steinmeier proposed to solve the European debt crisis with "a combination of a haircut for debt holders, debt guarantees for stable countries and the limited introduction of European-wide bonds in the medium term, accompanied by more aligned fiscal policies."[13] In February 2011, Steinmeier proposed Steinbrück as a candidate to lead the European Central Bank.[14]

Candidate for Federal Chancellor, 2012–2013

On 9 December 2012 an extraordinary National Assembly of the SPD elected Steinbrück, with 93.45 percent of the votes, as candidate for Federal Chancellor, to run in the 2013 federal elections against Angela Merkel. Sigmar Gabriel, the party's chairman at the time, who had also been considered a possible candidate, said the leadership had agreed to nominate Steinbrück after Frank-Walter Steinmeier, the party's parliamentary leader, withdrew from the contest.[15]

During his election campaign, Steinbrück promised to introduce rent controls, to raise taxes and use those funds for education and infrastructure.[16] He also accused Merkel of showing a lack of passion for Europe in the euro crisis because she was brought up in communist East Germany.[17] In the run-up to the elections, he criticized Merkel's support for hardline austerity measures in indebted eurozone countries[18] and reiterated his support for the euro, saying that its demise would "throw back European unification by 20 to 30 years" and result in currency appreciation that would "destroy any business."[19] He also travelled to Greece for meetings with President Karolos Papoulias, Prime Minister Antonis Samaras, Finance Minister Yannis Stournaras and PASOK chairman Evangelos Venizelos.

On foreign policy issues, Steinbrück criticized Merkel for not joining Germany's allies in their military efforts against Libyan dictator Muammar Gaddafi. Also, he promised he would radically curtail German arms exports to countries such as Saudi Arabia.[20]

In three stages from mid-May 2013, Steinbrück announced the twelve members of his shadow cabinet, including Cornelia Füllkrug-Weitzel, Gesche Joost, Yasemin Karakaşoğlu, Christiane Krajewski, Karl Lauterbach, Matthias Machnig, Thomas Oppermann, Florian Pronold, Oliver Scheytt, Klaus Wiesehügel, Manuela Schwesig and Brigitte Zypries. He signalled his support for Jürgen Trittin, at the time co-chairman of the Green Party’s parliamentary group, to become minister of finance in the case of his win.[21]

Although Steinbrück soon won the endorsement of former Chancellors Gerhard Schröder and Helmut Schmidt,[15] his gaffe-prone campaign never gained traction against the popular Merkel.[22] His previously established reputation as a crisis manager who had played a frontline role in fighting the global financial crisis was overshadowed by faux pas throughout the campaign.[23] He clashed with Sigmar Gabriel, the party leader, whom Steinbrück said had not been supportive of his campaign.[18]

On 22 September, Steinbrück's Social Democrats won 25.7 percent, while Merkel's CDU and its Bavarian sister party CSU together won 41.5 percent of the vote.[24] Following the elections, Steinbrück was part of the SPD delegation to hold exploratory talks with the CDU/CSU on forming a coalition government.[25]

Member of the Bundestag, 2013–2016

As member of parliament, Steinbrück served on the Committee on Foreign Affairs and as chairman of the German-American Parliamentary Friendship Group from 2013 until 2016.

In March 2015, Steinbrück joined the Agency for Modernization of Ukraine, an initiative led by Dmitry Firtash to develop a comprehensive plan of political and economic reforms in the country.[26]

In September 2015, Steinbrück announced that he would not stand in the 2017 federal elections.[27] He vacated his Bundestag seat in the end of September 2016.[28]

In 2018, he wrote a book titled Das Elend der Sozial-demokratie. Anmerkungen eines Genossen., which explored the reasons why the SPD always lost elections from an insider's perspective.[29]

Political positions

Economic policy

Steinbrück has been a prominent speaker for the SPD, especially on economic matters.

During a 2007 visit to Washington for meetings with the Treasury secretary, Henry M. Paulson Jr. and Ben S. Bernanke, chairman of the Federal Reserve, after the collapse of Amaranth Advisors, Steinbrück lobbied for the development of an internationally accepted "code of conduct" for the hedge fund industry, arguing that a "sizable number" of hedge funds "are not behaving properly."[30]

Steinbrück predicted in 2008, in the wake of Lehman Brothers’s bankruptcy, that the United States’ days as a financial superpower were numbered.[15] In December 2008 interview with Newsweek, he controversially attacked the British Keynesian approach to economic policy.[31][32] He raised scepticism about the effectiveness of large fiscal stimulus packages and criticized the resulting increase in public debt. His comments led Steinbrück into a highly public press battle with Paul Krugman, the Nobel laureate economist and New York Times columnist.[33] An adherent to Keynes' theory that government spending creates growth, Krugman wrote in December 2008—in a direct attack on Steinbrück—that the primary "multiplier effect" that government spending programs were having was that of "multiplying the impact of the current German government's boneheadedness."[34]

During his time as German Finance Minister, Steinbrück repeatedly accused the United Kingdom of pandering to the City of London by hindering efforts to reform global financial markets.[35] In 2009, Steinbrück opposed any plans by the G-20 major economies to limit the size of banks to avoid individual institutions wielding too much influence in future and posing a risk.[36] At the 2009 G-20 Pittsburgh summit, he supported a Dutch proposal to limit banking executives' bonuses to the level of their fixed annual salary.[37][38] Also, he called for a global tax to be imposed on financial transactions in a bid to end what he derided as "binge-drinking" on markets.[39]

In a 2010 interview on German television, it appeared that Steinbrück, who had adopted a very critical stance of the shadow banking system, attributed characteristics of the private equity industry to hedge funds.[40]

In 2012, Steinbrück tabled a plan for sweeping financial regulation that he intended to be a main plank of his election platform. It included compelling banks to finance a €200 billion rescue fund, and splitting investment from retail banking.[41]

European integration

At the 2006 meetings of the IMF and the World Bank in Singapore, Steinbrück argued that, as the world's third largest economy after the US and Japan, Germany must keep its influence in the IMF amid wide-ranging reform of the institution, ruling out suggestions that the Eurozone members should have only one seat on the board as part of the planned overhaul of IMF members' votes.[42]

Other activities

Corporate boards

  • Borussia Dortmund, Member of the Supervisory Board
  • ING Group, Advisor to the Board of Directors of ING-DiBa
  • KfW, Member of the supervisory board (2006–2009)

Non-profit organizations

Controversy

Steinbrück has been labelled by the media as a sharp-witted political pugilist whose frank opinions have occasionally attracted controversy.[45]

Business activities

As soon as he was nominated as the Social Democrat's challenger to German Chancellor Angela Merkel in the 2013 federal elections, Steinbrueck announced he would quit the board of steel conglomerate ThyssenKrupp and all outside work, though not an unpaid seat on soccer club Borussia Dortmund's board where he saw no conflict of interest.[7] His decision prompted a slew of criticism of his high earnings outside the Bundestag from Merkel's center-right coalition but also from the SPD's left wing and from anti-graft campaigners. The seat on ThyssenKrupp's board and all but four of the other 85 appointments and engagements listed for the time between 2009 and 2012 were in excess of 560,000 euros.[7]

Later in his campaign, Steinbrück canceled a speech at Bank Sarasin & Cie after Süddeutsche Zeitung reported that the Swiss private bank was being investigated by German prosecutors for possible tax evasion.[23] Soon after, he declared he had earned 1.25 million euros ($1.6 million) by giving 89 speeches between 2009 and 2012 at companies and banks including Deutsche Bank, JPMorgan Chase, BNP Paribas, Sal. Oppenheim, Union Investment, Ernst & Young, Freshfields Bruckhaus Deringer and Baker & McKenzie.[23] This sum was in addition to his salary as a member of parliament, which was over 7,500 euros a month.[6] The data also showed Steinbrück gave 237 other addresses for free to schools and charities, and got industry lobby groups to donate to charity instead of paying him.[6] At the same time, he said the chancellor's salary, at about 250,000 euros annually, is too low because regional savings bank directors are paid more.[46]

Namibia trip in 2007

In April 2007, when Germany held the presidencies of both the European Union and the G7, Steinbrück was criticized for going on holiday with his family in Namibia instead of attending a meeting of G7 finance ministers in Washington and for refusing the offer of other G7 members to succeed Gordon Brown as chair of the International Monetary and Finance Committee (IMFC).[47]

Diplomatic tensions with Switzerland and Liechtenstein

As finance minister, Steinbrück criticized Germany's neighbours in a row over tax havens.[48]

In the wake of German investigations against the LGT Group of Liechtenstein in 2008, Steinbrück threatened that Germany would impose a levy on all fund transfers to the principality, in effect reinstating pre-1990s-style capital controls, if the country did not change its ways.[49] Speaking to reporters in Paris after a conference on measures to combat tax avoidance, he said Switzerland deserved to be on a tax haven "black list" being drawn up by the Organisation for Economic Co-operation and Development because Swiss investment conditions encouraged some German taxpayers to commit fraud.[50] He called on other European countries to "use the whip" on Switzerland over its tax havens, likening the Swiss to "Indians" running scared from the cavalry.[51]

His criticism of the Swiss banking secrecy caused some tensions between Germany and Switzerland.[52] The German ambassador to Bern was summoned to the foreign ministry to hear Switzerland's official reaction to what Foreign Minister Micheline Calmy-Rey described as Steinbrück's "contemptuous and aggressive" comments.[53]

Comments on Italian election results

On 26 February 2013 Steinbrück said he was "appalled that two clowns have won" Italy's 24–25 February election. The vote was actually inconclusive with no party garnering a majority in parliament, although the anti-establishment party of commentator and comedian Beppe Grillo surged to about one fourth of valid votes. In reaction, Italian President Giorgio Napolitano cancelled a dinner in Berlin with Steinbrück, who was German opposition's chancellor candidate.[54][55]

NSA spying

In May 2021, Danish state broadcaster DR reported that the U.S. National Security Agency (NSA) used a partnership with the Danish Defence Intelligence Service (FE) to spy on Steinbrück and other senior officials in Germany, including Chancellor Angela Merkel.[56]

Recognition

Personal life

Steinbrück's wife, Gertrud (born 1950), is a former biology and politics teacher at a high school in Bonn. They have three children.[18]

References

  1. ^ Melissa Eddy: Merkel's Former Finance Minister to Run Against Her. nytimes.com. Retrieved 22 September 2012
  2. ^ a b 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. ^ a b Bernstein, Richard (23 November 2005). "Merkel Takes Office in Germany and Announces Coalition Cabinet". The New York Times. Retrieved 7 July 2013.
  4. ^ a b see de:Kabinett Steinbrück
  5. ^ a b c d Judy Dempsey (13 October 2005), New German Finance Minister Likely to Help Merkel's Agenda New York Times.
  6. ^ a b c Steinbrück admits to over a million euros in lecture fees Deutsche Welle, 30 October 2012.
  7. ^ a b c Stephen Brown (5 October 2012), Merkel's challenger rebuffs criticism of high earnings Reuters.
  8. ^ Merkel romps to victory but faces tough coalition choices Reuters.
  9. ^ Andreas Lorenz (29 December 2002), Doktor Schröder im Schwebezustand Spiegel Online.
  10. ^ Wolfgang Dick (27 September 2013), http://www.dw.de/merkel-challenger-bids-farewell-to-politics/a-17102302 Merkel challenger bids farewell to politics] Deutsche Welle.
  11. ^ Michael Nienaber (30 April 2016), Germany's Schaeuble in favor of lower income tax: newspaper Reuters.
  12. ^ Bertrand Benoit (30 July 2009), Lagging SPD starts campaign Financial Times.
  13. ^ Peer Steinbrück and Frank-Walter Steinmeier (14 December 2010), Germany must lead fightback Financial Times.
  14. ^ Erik Kirschbaum (13 February 2011), Steinbrueck says not interested in ECB's top job Reuters.
  15. ^ a b c Melissa Eddy (28 September 2012), Merkel’s Ex-Finance Minister to Oppose Her New York Times.
  16. ^ Erik Kirschbaum (8 August 2013), Merkel challenger vows to rein in banks, hike taxes on wealthy Reuters.
  17. ^ Noah Barkin (20 March 2014), Germany's Russian rethink: How Merkel lost faith in Putin Reuters.
  18. ^ a b c Profile: Peer Steinbruck Al Jazeera, 16 September 2013.
  19. ^ Tony Czuczka, Rainer Buergin and Patrick Donahue (22 September 2013), Merkel Asks for Third Term as Steinbrueck Seeks Election Upset Bloomberg News.
  20. ^ Charles Hawley (5 June 2013), Merkel Challenger Attacks Her Austerity Policy Spiegel Online.
  21. ^ Peer Steinbrück’s "competence team": the signal is political change, pure and simple! DB Research, German Policy Watch, 11 June 2013.
  22. ^ Stephen Brown and Noah Barkin (22 September 2013), Merkel romps to victory but faces tough coalition choices Reuters.
  23. ^ a b c Joseph de Weck (30 January 2013), Steinbrueck Hits Reset in German Election Campaign After Gaffes Bloomberg News.
  24. ^ Merkel's conservatives win German vote Al Jazeera, 23 September 2013.
  25. ^ Patrick Donahue and Arne Delfs (30 September 2013), Germany Sets Coalition Talks Date as Weeks of Bartering Loom Bloomberg News.
  26. ^ The Agency for Modernisation of Ukraine presented at the ‘Ukraine Tomorrow’ International Forum British Ukrainian Society, press release of 3 March 2015.
  27. ^ Daniel Friedrich Sturm (11 September 2015), Steinbrücks Abgang ist eine Zäsur für die SPD Die Welt.
  28. ^ spiegel.de: "Dies war der letzte Ton aus meinem Jagdhorn" (report about his valedictory)
  29. ^ "Buch von Peer Steinbrück: Ganz große Brocken". Süddeutsche Zeitung (in German). 14 March 2018.
  30. ^ Steven R. Weisman (16 March 2007), Germany Says Hedge Funds Should Devise Conduct Code New York Times.
  31. ^ Stefan Theil (6 December 2008), Peer Steinbrück on the Global Economic Crisis Newsweek.
  32. ^ "German ridicule for UK policies". BBC News. 10 December 2008. Retrieved 10 December 2008.
  33. ^ Charles Hawley (28 September 2012), Merkel's Challenger: Does Peer Steinbrück Have the Stuff to Be Chancellor? Spiegel Online.
  34. ^ Paul Krugman (11 December 2008), The economic consequences of Herr Steinbrueck New York Times.
  35. ^ Huw Jones (15 July 2009), Progress in battle over EU hedge fund law Reuters.
  36. ^ Madeline Chambers (4 September 2009), No sense in G20 limiting bank size: German finance minister Reuters.
  37. ^ James Vicini and Dave Graham (20 September 2009), Obama wants G20 to discuss rethink of global economy Reuters.
  38. ^ Gernot Heller (25 September 2009), German finmin lauds G20 pact on bank bonuses Reuters.
  39. ^ Bertrand Benoit (12 September 2009), Steinbrück calls for global finance tax Financial Times.
  40. ^ "Broadcast of interview on Beckmann". ARD (broadcaster). Retrieved 19 February 2011.
  41. ^ Quentin Peel (28 September 2012), Steinbrück chosen to challenge Merkel Financial Times.
  42. ^ Germany Opposes Single Voice for Euro Countries at IMF Deutsche Welle, 16 September 2006.
  43. ^ Senate Deutsche Nationalstiftung.
  44. ^ Board of Trustees Federal Chancellor Helmut Schmidt Foundation.
  45. ^ Chris Bryant (9 December 2012), Steinbrück attacks Merkel’s Europe stance Financial Times.
  46. ^ Michael Steen (19 September 2013), Peer Steinbrück moves to mobilise SPD voters for Germany election Financial Times.
  47. ^ Steinbrück's Holiday Woes: German Finance Minister Under Fire For G7 Absence Spiegel Online, 11 April 2007.
  48. ^ Nicholas Kulish (30 December 2012), In Germany, Merkel’s Main Rival Appears to Stumble From Gaffe to Gaffe New York Times.
  49. ^ Bertrand Benoit and Vanessa Houlder (6 March 2008), Revenge on Vaduz Financial Times.
  50. ^ Germany wants Switzerland on a tax haven "black list" International Herald Tribune, 21 October 2008.
  51. ^ Stephen Brown (10 April 2013), Straight-talking Steinbrueck struggles to debunk Merkel "cult" Reuters.
  52. ^ "Germany's Wild West Tone Angers the Swiss". Spiegel Online. Retrieved 12 July 2009.
  53. ^ Stephen Brown (10 April 2013), Calmy-Rey and Steinmeier try to turn the page swissinfo, 1 April 2009.
  54. ^ "Italy president snubs German candidate over clown gaffe". Reuters. Retrieved 27 February 2013.
  55. ^ "Steinbrück Raises Ire of German Clowns". Spiegel.de. Retrieved 14 August 2013.
  56. ^ U.S. spied on Merkel and other Europeans through Danish cables - broadcaster DR Reuters, 31 May 2021.
  57. ^ Kalscheur, Annette. "Peer Steinbrück "ist ein ziemlicher Segen" | NRZ.de | Duisburg". www.nrz.de. Retrieved 24 May 2018.

External links

  • Peer Steinbrück's Homepage (German)
  • Interview with Peer Steinbrück: "Kennen Sie denn Hawaii-Toast?" (German, sbznet.de)
Political offices
Preceded by
Uwe Thomas
Minister of Economy of Schleswig-Holstein
1993–1998
Succeeded by
Preceded by Minister of Economy of North Rhine-Westphalia
1998–2000
Succeeded by
Ernst Schwanhold
Preceded by
Heinz Schleußer
Minister of Finance of North Rhine-Westphalia
2000–2002
Succeeded by
Jochen Dieckmann
Preceded by Minister-President of North Rhine-Westphalia
2002–2005
Succeeded by
Preceded by Federal Minister of Finance
2005–2009
Succeeded by

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Steinbruck redirects here For settlements in Slovenia see Zidani Most and Zidani Most Trebnje This article may be expanded with text translated from the corresponding article in German January 2022 Click show for important translation instructions View a machine translated version of the German article Machine translation like DeepL or Google Translate is a useful starting point for translations but translators must revise errors as necessary and confirm that the translation is accurate rather than simply copy pasting machine translated text into the English Wikipedia Consider adding a topic to this template there are already 9 438 articles in the main category and specifying topic will aid in categorization Do not translate text that appears unreliable or low quality If possible verify the text with references provided in the foreign language article You must provide copyright attribution in the edit summary accompanying your translation by providing an interlanguage link to the source of your translation A model attribution edit summary is Content in this edit is translated from the existing German Wikipedia article at de Peer Steinbruck see its history for attribution You should also add the template Translated de Peer Steinbruck to the talk page For more guidance see Wikipedia Translation Peer Steinbruck born 10 January 1947 is a German politician who was the Chancellor candidate of the Social Democratic Party SPD in the 2013 federal election 1 Steinbruck served as the eighth Minister President of North Rhine Westphalia from 2002 to 2005 2 a member of the Bundestag from 2009 to 2016 and as Federal Minister of Finance in the first Cabinet of Chancellor Angela Merkel from 2005 to 2009 3 Peer SteinbruckMinister of FinanceIn office 22 November 2005 28 October 2009ChancellorAngela MerkelPreceded byHans EichelSucceeded byWolfgang SchaubleMinister President of North Rhine WestphaliaIn office 6 November 2002 22 June 2005DeputyMichael VesperPreceded byWolfgang ClementSucceeded byJurgen RuttgersDeputy Leader of the Social Democratic PartyIn office 15 November 2005 29 September 2009LeaderMatthias PlatzeckKurt BeckFrank Walter Steinmeier acting Franz MunteferingPreceded byWolfgang ThierseSucceeded byManuela SchwesigMinister of Finance of North Rhine WestphaliaIn office 22 February 2000 12 November 2002Minister PresidentWolfgang ClementPreceded byHeinz SchleusserSucceeded byJochen DieckmannMinister of Economy and medium sized Businesses Technology and Transportation of North Rhine WestphaliaIn office 28 October 1998 22 February 2000Minister PresidentWolfgang ClementPreceded byBodo HombachSucceeded byErnst SchwanholdMinister of Economy Technology and Transportation of Schleswig HolsteinIn office 19 May 1993 28 October 1998Minister PresidentHeide SimonisPreceded byUwe ThomasSucceeded byHorst Gunter BulckParliamentary constituenciesMember of the Bundestag for North Rhine WestphaliaIn office 27 October 2009 30 September 2016Preceded byRudolf MeyerSucceeded byBettina Bahr LosseConstituencySocial Democratic ListMember of the Landtag of North Rhine Westphalia for Unna III Hamm II Unna II 2000 2005 In office 1 June 2000 21 November 2005Preceded byWolfram Kuschke 1998 Succeeded byGerd StuttgenPersonal detailsBorn 1947 01 10 10 January 1947 age 76 Hamburg Allied occupied Germany now Germany Political partySocial Democratic PartyAlma materUniversity of KielOccupationPoliticianConsultantPolitical StafferSignatureMilitary serviceAllegianceGermanyBranch serviceBundeswehrYears of service1968 1970RankLeutnantUnitArmy Heer Panzergrenadierbrigade 31A graduate of the University of Kiel Steinbruck began his political career in the office of Chancellor Helmut Schmidt and became chief of staff to Minister President of North Rhine Westphalia Johannes Rau in 1986 Steinbruck served as a state minister in both Schleswig Holstein and North Rhine Westphalia and succeeded Wolfgang Clement as Minister President of North Rhine Westphalia in 2002 Governing in an SPD Green coalition 4 Steinbruck s tenure was noted for its attempt to reduce tax breaks and coal subsidies 5 In the 2005 state election Steinbruck s SPD lost to the Christian Democratic Union CDU opposition led by Jurgen Ruttgers thus marking the end of Steinbruck s tenure as Minister President After the 2005 federal election which resulted in a Grand Coalition government under the leadership of new Chancellor Angela Merkel of the CDU Steinbruck was appointed Minister of Finance In this position Steinbruck was charged with reducing Germany s budget deficit curbing public debt and introducing changes in the taxation system 5 In the 2009 federal election SPD chancellor candidate Frank Walter Steinmeier included Steinbruck as a member of his shadow cabinet In 2012 the National Assembly of the SPD elected Steinbruck as the chancellor candidate of the SPD for the 2013 federal election After he was nominated controversy surrounding Steinbruck history of giving paid speeches to private banks such as JPMorgan Chase and Deutsche Bank 6 as well as the potential conflict of interest surrounding his seat on the board of steel conglomerate Thyssenkrupp 7 prompted criticism from both centre right members of Angela Merkel s coalition as well as members of SPD s left wing Steinbruck s gaffe prone campaign failed to gain traction 8 and the SPD was defeated by Merkel s CDU in the federal election which took place on 22 September 2013 Contents 1 Early life and education 2 Career 2 1 Early career 1974 2002 2 2 Minister President of North Rhine Westphalia 2002 2005 2 3 Federal Minister of Finance 2005 2009 2 4 Candidate for Federal Chancellor 2012 2013 2 5 Member of the Bundestag 2013 2016 3 Political positions 3 1 Economic policy 3 2 European integration 4 Other activities 4 1 Corporate boards 4 2 Non profit organizations 5 Controversy 5 1 Business activities 5 2 Namibia trip in 2007 5 3 Diplomatic tensions with Switzerland and Liechtenstein 5 4 Comments on Italian election results 5 5 NSA spying 6 Recognition 7 Personal life 8 References 9 External linksEarly life and education EditSteinbruck was born in Hamburg on 10 January 1947 to Ilse nee Schaper 1919 2011 and Ernst Steinbruck 1914 1998 an architect born in Danzig After having been trained as an officer of the reserve of the Bundeswehr Steinbruck studied economics at the University of Kiel He graduated in 1974 Career EditEarly career 1974 2002 Edit After graduation Steinbruck worked for several German ministries and from 1978 to 1981 in the office of German Chancellor Helmut Schmidt He held positions in the Permanent Representative Office of the Federal Republic of Germany in East Berlin from 1981 to 1985 In the 1980s Steinbruck was the chief of staff to the Minister President of North Rhine Westphalia Johannes Rau In 1993 he became the State Minister of Economic Affairs and Infrastructure in the state of Schleswig Holstein He then returned to North Rhine Westphalia where he became the Minister of Economic Affairs and Infrastructure in 1998 and Finance Minister in 2000 Minister President of North Rhine Westphalia 2002 2005 Edit From 2002 to 2005 Steinbruck served as the eighth Minister President Ministerprasident or governor of North Rhine Westphalia 2 He headed a coalition government between the SPD and the Green Party 4 In December 2002 Steinbruck accompanied Chancellor Gerhard Schroder on a visit to China for meetings with President of the People s Republic of China Jiang Zemin and Premier Zhu Rongji 9 In 2003 Steinbruck and Roland Koch the Christian Democrat premier of Hesse together drew up a plan to reduce tax breaks and subsidies including those on coal The subsidies were a particularly sensitive issue in North Rhine Westphalia where most of the coal mines were located then Nevertheless Steinbruck and Koch agreed that all subsidies were to be reduced by 12 percent over several years 5 Steinbruck was a supporter of the so called Agenda 2010 10 In the state election on 22 May 2005 Steinbruck s SPD lost to the Christian democratic CDU opposition This loss also had consequences for federal politics then German Chancellor Gerhard Schroder who already was enfeebled by weak opinion polls and criticism within his own party announced plans to call an early federal election for the Bundestag This resulted in the 2005 federal election four months later after which Angela Merkel became Chancellor for the first time Federal Minister of Finance 2005 2009 Edit Steinbruck in 2008 After the 2005 federal election SPD and CDU formed a Grand Coalition under the leadership of new Chancellor Angela Merkel CDU Peer Steinbruck became finance minister of Germany in November 2005 3 He was charged with reducing Germany s budget deficit curbing public debt and introducing changes in the taxation system 5 Following his initiative Germany introduced a flat rate withholding tax of 25 percent on private income from capital and capital gains with the aim of preventing tax evasion 11 He oversaw and orchestrated the regulatory and fiscal efforts to counter the largest financial and economic crisis in post War history From 2005 Steinbruck also served as deputy chairman of the SPD Ahead of the 2009 elections German foreign minister Frank Walter Steinmeier included Steinbruck in his shadow cabinet of 10 women and eight men for the Social Democrats campaign to unseat incumbent Angela Merkel as chancellor 12 In a joint article in the Financial Times on 14 December 2010 Steinbruck and Steinmeier proposed to solve the European debt crisis with a combination of a haircut for debt holders debt guarantees for stable countries and the limited introduction of European wide bonds in the medium term accompanied by more aligned fiscal policies 13 In February 2011 Steinmeier proposed Steinbruck as a candidate to lead the European Central Bank 14 Candidate for Federal Chancellor 2012 2013 Edit On 9 December 2012 an extraordinary National Assembly of the SPD elected Steinbruck with 93 45 percent of the votes as candidate for Federal Chancellor to run in the 2013 federal elections against Angela Merkel Sigmar Gabriel the party s chairman at the time who had also been considered a possible candidate said the leadership had agreed to nominate Steinbruck after Frank Walter Steinmeier the party s parliamentary leader withdrew from the contest 15 During his election campaign Steinbruck promised to introduce rent controls to raise taxes and use those funds for education and infrastructure 16 He also accused Merkel of showing a lack of passion for Europe in the euro crisis because she was brought up in communist East Germany 17 In the run up to the elections he criticized Merkel s support for hardline austerity measures in indebted eurozone countries 18 and reiterated his support for the euro saying that its demise would throw back European unification by 20 to 30 years and result in currency appreciation that would destroy any business 19 He also travelled to Greece for meetings with President Karolos Papoulias Prime Minister Antonis Samaras Finance Minister Yannis Stournaras and PASOK chairman Evangelos Venizelos On foreign policy issues Steinbruck criticized Merkel for not joining Germany s allies in their military efforts against Libyan dictator Muammar Gaddafi Also he promised he would radically curtail German arms exports to countries such as Saudi Arabia 20 In three stages from mid May 2013 Steinbruck announced the twelve members of his shadow cabinet including Cornelia Fullkrug Weitzel Gesche Joost Yasemin Karakasoglu Christiane Krajewski Karl Lauterbach Matthias Machnig Thomas Oppermann Florian Pronold Oliver Scheytt Klaus Wiesehugel Manuela Schwesig and Brigitte Zypries He signalled his support for Jurgen Trittin at the time co chairman of the Green Party s parliamentary group to become minister of finance in the case of his win 21 Although Steinbruck soon won the endorsement of former Chancellors Gerhard Schroder and Helmut Schmidt 15 his gaffe prone campaign never gained traction against the popular Merkel 22 His previously established reputation as a crisis manager who had played a frontline role in fighting the global financial crisis was overshadowed by faux pas throughout the campaign 23 He clashed with Sigmar Gabriel the party leader whom Steinbruck said had not been supportive of his campaign 18 On 22 September Steinbruck s Social Democrats won 25 7 percent while Merkel s CDU and its Bavarian sister party CSU together won 41 5 percent of the vote 24 Following the elections Steinbruck was part of the SPD delegation to hold exploratory talks with the CDU CSU on forming a coalition government 25 Member of the Bundestag 2013 2016 Edit As member of parliament Steinbruck served on the Committee on Foreign Affairs and as chairman of the German American Parliamentary Friendship Group from 2013 until 2016 In March 2015 Steinbruck joined the Agency for Modernization of Ukraine an initiative led by Dmitry Firtash to develop a comprehensive plan of political and economic reforms in the country 26 In September 2015 Steinbruck announced that he would not stand in the 2017 federal elections 27 He vacated his Bundestag seat in the end of September 2016 28 In 2018 he wrote a book titled Das Elend der Sozial demokratie Anmerkungen eines Genossen which explored the reasons why the SPD always lost elections from an insider s perspective 29 Political positions EditEconomic policy Edit Steinbruck has been a prominent speaker for the SPD especially on economic matters During a 2007 visit to Washington for meetings with the Treasury secretary Henry M Paulson Jr and Ben S Bernanke chairman of the Federal Reserve after the collapse of Amaranth Advisors Steinbruck lobbied for the development of an internationally accepted code of conduct for the hedge fund industry arguing that a sizable number of hedge funds are not behaving properly 30 Steinbruck predicted in 2008 in the wake of Lehman Brothers s bankruptcy that the United States days as a financial superpower were numbered 15 In December 2008 interview with Newsweek he controversially attacked the British Keynesian approach to economic policy 31 32 He raised scepticism about the effectiveness of large fiscal stimulus packages and criticized the resulting increase in public debt His comments led Steinbruck into a highly public press battle with Paul Krugman the Nobel laureate economist and New York Times columnist 33 An adherent to Keynes theory that government spending creates growth Krugman wrote in December 2008 in a direct attack on Steinbruck that the primary multiplier effect that government spending programs were having was that of multiplying the impact of the current German government s boneheadedness 34 During his time as German Finance Minister Steinbruck repeatedly accused the United Kingdom of pandering to the City of London by hindering efforts to reform global financial markets 35 In 2009 Steinbruck opposed any plans by the G 20 major economies to limit the size of banks to avoid individual institutions wielding too much influence in future and posing a risk 36 At the 2009 G 20 Pittsburgh summit he supported a Dutch proposal to limit banking executives bonuses to the level of their fixed annual salary 37 38 Also he called for a global tax to be imposed on financial transactions in a bid to end what he derided as binge drinking on markets 39 In a 2010 interview on German television it appeared that Steinbruck who had adopted a very critical stance of the shadow banking system attributed characteristics of the private equity industry to hedge funds 40 In 2012 Steinbruck tabled a plan for sweeping financial regulation that he intended to be a main plank of his election platform It included compelling banks to finance a 200 billion rescue fund and splitting investment from retail banking 41 European integration Edit At the 2006 meetings of the IMF and the World Bank in Singapore Steinbruck argued that as the world s third largest economy after the US and Japan Germany must keep its influence in the IMF amid wide ranging reform of the institution ruling out suggestions that the Eurozone members should have only one seat on the board as part of the planned overhaul of IMF members votes 42 Other activities EditCorporate boards Edit Borussia Dortmund Member of the Supervisory Board ING Group Advisor to the Board of Directors of ING DiBa KfW Member of the supervisory board 2006 2009 Non profit organizations Edit Berlin Palace Humboldtforum Foundation deputy chairman of the Board of Trustees Deutsche Nationalstiftung Member of the Senate 43 Federal Chancellor Helmut Schmidt Foundation chairman 44 Helmut and Loki Schmidt Foundation deputy chairman ZEIT Stiftung member of the Board of Trustees IG Bergbau Chemie Energie IG BCE memberControversy EditSteinbruck has been labelled by the media as a sharp witted political pugilist whose frank opinions have occasionally attracted controversy 45 Business activities Edit As soon as he was nominated as the Social Democrat s challenger to German Chancellor Angela Merkel in the 2013 federal elections Steinbrueck announced he would quit the board of steel conglomerate ThyssenKrupp and all outside work though not an unpaid seat on soccer club Borussia Dortmund s board where he saw no conflict of interest 7 His decision prompted a slew of criticism of his high earnings outside the Bundestag from Merkel s center right coalition but also from the SPD s left wing and from anti graft campaigners The seat on ThyssenKrupp s board and all but four of the other 85 appointments and engagements listed for the time between 2009 and 2012 were in excess of 560 000 euros 7 Later in his campaign Steinbruck canceled a speech at Bank Sarasin amp Cie after Suddeutsche Zeitung reported that the Swiss private bank was being investigated by German prosecutors for possible tax evasion 23 Soon after he declared he had earned 1 25 million euros 1 6 million by giving 89 speeches between 2009 and 2012 at companies and banks including Deutsche Bank JPMorgan Chase BNP Paribas Sal Oppenheim Union Investment Ernst amp Young Freshfields Bruckhaus Deringer and Baker amp McKenzie 23 This sum was in addition to his salary as a member of parliament which was over 7 500 euros a month 6 The data also showed Steinbruck gave 237 other addresses for free to schools and charities and got industry lobby groups to donate to charity instead of paying him 6 At the same time he said the chancellor s salary at about 250 000 euros annually is too low because regional savings bank directors are paid more 46 Namibia trip in 2007 Edit In April 2007 when Germany held the presidencies of both the European Union and the G7 Steinbruck was criticized for going on holiday with his family in Namibia instead of attending a meeting of G7 finance ministers in Washington and for refusing the offer of other G7 members to succeed Gordon Brown as chair of the International Monetary and Finance Committee IMFC 47 Diplomatic tensions with Switzerland and Liechtenstein Edit As finance minister Steinbruck criticized Germany s neighbours in a row over tax havens 48 In the wake of German investigations against the LGT Group of Liechtenstein in 2008 Steinbruck threatened that Germany would impose a levy on all fund transfers to the principality in effect reinstating pre 1990s style capital controls if the country did not change its ways 49 Speaking to reporters in Paris after a conference on measures to combat tax avoidance he said Switzerland deserved to be on a tax haven black list being drawn up by the Organisation for Economic Co operation and Development because Swiss investment conditions encouraged some German taxpayers to commit fraud 50 He called on other European countries to use the whip on Switzerland over its tax havens likening the Swiss to Indians running scared from the cavalry 51 His criticism of the Swiss banking secrecy caused some tensions between Germany and Switzerland 52 The German ambassador to Bern was summoned to the foreign ministry to hear Switzerland s official reaction to what Foreign Minister Micheline Calmy Rey described as Steinbruck s contemptuous and aggressive comments 53 Comments on Italian election results Edit On 26 February 2013 Steinbruck said he was appalled that two clowns have won Italy s 24 25 February election The vote was actually inconclusive with no party garnering a majority in parliament although the anti establishment party of commentator and comedian Beppe Grillo surged to about one fourth of valid votes In reaction Italian President Giorgio Napolitano cancelled a dinner in Berlin with Steinbruck who was German opposition s chancellor candidate 54 55 NSA spying Edit In May 2021 Danish state broadcaster DR reported that the U S National Security Agency NSA used a partnership with the Danish Defence Intelligence Service FE to spy on Steinbruck and other senior officials in Germany including Chancellor Angela Merkel 56 Recognition Edit2011 University of Dusseldorf Honorary Doctorate 2011 Steinbruck was awarded the Mercator Visiting Professorship for Political Management at the Universitat Essen Duisburg s NRW School of Governance 57 Personal life EditSteinbruck s wife Gertrud born 1950 is a former biology and politics teacher at a high school in Bonn They have three children 18 References Edit Melissa Eddy Merkel s Former Finance Minister to Run Against Her nytimes com Retrieved 22 September 2012 a b 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 a b Bernstein Richard 23 November 2005 Merkel Takes Office in Germany and Announces Coalition Cabinet The New York Times Retrieved 7 July 2013 a b see de Kabinett Steinbruck a b c d Judy Dempsey 13 October 2005 New German Finance Minister Likely to Help Merkel s Agenda New York Times a b c Steinbruck admits to over a million euros in lecture fees Deutsche Welle 30 October 2012 a b c Stephen Brown 5 October 2012 Merkel s challenger rebuffs criticism of high earnings Reuters Merkel romps to victory but faces tough coalition choices Reuters Andreas Lorenz 29 December 2002 Doktor Schroder im Schwebezustand Spiegel Online Wolfgang Dick 27 September 2013 http www dw de merkel challenger bids farewell to politics a 17102302 Merkel challenger bids farewell to politics Deutsche Welle Michael Nienaber 30 April 2016 Germany s Schaeuble in favor of lower income tax newspaper Reuters Bertrand Benoit 30 July 2009 Lagging SPD starts campaign Financial Times Peer Steinbruck and Frank Walter Steinmeier 14 December 2010 Germany must lead fightback Financial Times Erik Kirschbaum 13 February 2011 Steinbrueck says not interested in ECB s top job Reuters a b c Melissa Eddy 28 September 2012 Merkel s Ex Finance Minister to Oppose Her New York Times Erik Kirschbaum 8 August 2013 Merkel challenger vows to rein in banks hike taxes on wealthy Reuters Noah Barkin 20 March 2014 Germany s Russian rethink How Merkel lost faith in Putin Reuters a b c Profile Peer Steinbruck Al Jazeera 16 September 2013 Tony Czuczka Rainer Buergin and Patrick Donahue 22 September 2013 Merkel Asks for Third Term as Steinbrueck Seeks Election Upset Bloomberg News Charles Hawley 5 June 2013 Merkel Challenger Attacks Her Austerity Policy Spiegel Online Peer Steinbruck s competence team the signal is political change pure and simple DB Research German Policy Watch 11 June 2013 Stephen Brown and Noah Barkin 22 September 2013 Merkel romps to victory but faces tough coalition choices Reuters a b c Joseph de Weck 30 January 2013 Steinbrueck Hits Reset in German Election Campaign After Gaffes Bloomberg News Merkel s conservatives win German vote Al Jazeera 23 September 2013 Patrick Donahue and Arne Delfs 30 September 2013 Germany Sets Coalition Talks Date as Weeks of Bartering Loom Bloomberg News The Agency for Modernisation of Ukraine presented at the Ukraine Tomorrow International Forum British Ukrainian Society press release of 3 March 2015 Daniel Friedrich Sturm 11 September 2015 Steinbrucks Abgang ist eine Zasur fur die SPD Die Welt spiegel de Dies war der letzte Ton aus meinem Jagdhorn report about his valedictory Buch von Peer Steinbruck Ganz grosse Brocken Suddeutsche Zeitung in German 14 March 2018 Steven R Weisman 16 March 2007 Germany Says Hedge Funds Should Devise Conduct Code New York Times Stefan Theil 6 December 2008 Peer Steinbruck on the Global Economic Crisis Newsweek German ridicule for UK policies BBC News 10 December 2008 Retrieved 10 December 2008 Charles Hawley 28 September 2012 Merkel s Challenger Does Peer Steinbruck Have the Stuff to Be Chancellor Spiegel Online Paul Krugman 11 December 2008 The economic consequences of Herr Steinbrueck New York Times Huw Jones 15 July 2009 Progress in battle over EU hedge fund law Reuters Madeline Chambers 4 September 2009 No sense in G20 limiting bank size German finance minister Reuters James Vicini and Dave Graham 20 September 2009 Obama wants G20 to discuss rethink of global economy Reuters Gernot Heller 25 September 2009 German finmin lauds G20 pact on bank bonuses Reuters Bertrand Benoit 12 September 2009 Steinbruck calls for global finance tax Financial Times Broadcast of interview on Beckmann ARD broadcaster Retrieved 19 February 2011 Quentin Peel 28 September 2012 Steinbruck chosen to challenge Merkel Financial Times Germany Opposes Single Voice for Euro Countries at IMF Deutsche Welle 16 September 2006 Senate Deutsche Nationalstiftung Board of Trustees Federal Chancellor Helmut Schmidt Foundation Chris Bryant 9 December 2012 Steinbruck attacks Merkel s Europe stance Financial Times Michael Steen 19 September 2013 Peer Steinbruck moves to mobilise SPD voters for Germany election Financial Times Steinbruck s Holiday Woes German Finance Minister Under Fire For G7 Absence Spiegel Online 11 April 2007 Nicholas Kulish 30 December 2012 In Germany Merkel s Main Rival Appears to Stumble From Gaffe to Gaffe New York Times Bertrand Benoit and Vanessa Houlder 6 March 2008 Revenge on Vaduz Financial Times Germany wants Switzerland on a tax haven black list International Herald Tribune 21 October 2008 Stephen Brown 10 April 2013 Straight talking Steinbrueck struggles to debunk Merkel cult Reuters Germany s Wild West Tone Angers the Swiss Spiegel Online Retrieved 12 July 2009 Stephen Brown 10 April 2013 Calmy Rey and Steinmeier try to turn the page swissinfo 1 April 2009 Italy president snubs German candidate over clown gaffe Reuters Retrieved 27 February 2013 Steinbruck Raises Ire of German Clowns Spiegel de Retrieved 14 August 2013 U S spied on Merkel and other Europeans through Danish cables broadcaster DR Reuters 31 May 2021 Kalscheur Annette Peer Steinbruck ist ein ziemlicher Segen NRZ de Duisburg www nrz de Retrieved 24 May 2018 External links Edit Wikimedia Commons has media related to Peer Steinbruck Peer Steinbruck s Homepage German Interview with Peer Steinbruck Kennen Sie denn Hawaii Toast German sbznet de Political officesPreceded byUwe Thomas Minister of Economy of Schleswig Holstein1993 1998 Succeeded byHorst Gunter BulckPreceded byBodo Hombach Minister of Economy of North Rhine Westphalia1998 2000 Succeeded byErnst SchwanholdPreceded byHeinz Schleusser Minister of Finance of North Rhine Westphalia2000 2002 Succeeded byJochen DieckmannPreceded byWolfgang Clement Minister President of North Rhine Westphalia2002 2005 Succeeded byJurgen RuttgersPreceded byHans Eichel Federal Minister of Finance2005 2009 Succeeded byWolfgang Schauble Retrieved from https en wikipedia org w index php title Peer Steinbruck amp oldid 1122699021, wikipedia, wiki, book, books, library,

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