Hannes Androsch: A life between power and scandal in Austria!

Hannes Androsch: A life between power and scandal in Austria!

Wien, Österreich - On December 11, 2024, Hannes Androsch, the famous Austrian politician and businessman, died at the age of 86. Androsch was an influential figure in the Social Democratic Party and served as an Austrian finance minister from 1970 to 1981 and as a vice -chancellor. According to wikipedia he leaves a heir that goes far beyond politics. After his political career, Androsch became general director of the Creditanstalt Bankverein in 1981, the leading bank of Austria at the time and later advisor to the World Bank.

The last days of Androsch were characterized by deep dissatisfaction with the political and educational situation in Austria, which he repeatedly criticized in an interview shortly before his death. However, his joy was a scientific historical work that had been sent to him, so The Kronen Zeitung . Androsch's remarkable political career began in a time of the upheavals in Austria when he rose to the central figure under Bruno Kreisky and became known as supporters of Austria Keynesianism. But due to tensions with Kreisky and conflicts in dealing with the state economy, he resigned from his political offices in 1981 after unpleasant revelations about his finances.

versatile career and lasting legacy

After his political career, Androsch turned to the industry in 1989 and founded Androsch International Consulting. With his entrepreneurial activities, he decisively influenced the Austrian corporate landscape and was involved in important projects such as Paysafecard, which he founded in 2000. The wikipedia also describes how Androsch supported numerous foundations and research initiatives to promote social balance and peace, which made it one of the most influential business representatives in Austria.