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Georg Fahrenschon
Georg Fahrenschon (born 8 February 1968) is a German politician, representative of the Christian Social Union of Bavaria. From 2008 to 2011 he served as finance minister in the Bavarian State Ministry of Finance. He was a member of the Bundestag of Germany until 2007. Early life and education Fahrenschon graduated with a Diplom in economics from the University of Augsburg in 1999. Career Member of the German Bundestag, 2002-2007 Following the 2002 federal elections, Fahrenschon became a Member of the German Bundestag, where he served on the Finance Committee. Within the Finance Committee, he was the CDU/CSU parliamentary group’s rapporteur on Germany's Transparency Directive Implementation Act (''Transparenzrichtlinie-Umsetzungsgesetz'', TUG), among others. State Minister of Finance, 2008-2011 Following the Bavarian state elections in 2008, Fahrenschon was made State Minister of Finance in the cabinet of Minister-President Horst Seehofer. During his time in office, he le ...
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Bavaria
Bavaria ( ; ), officially the Free State of Bavaria (german: Freistaat Bayern, link=no ), is a state in the south-east of Germany. With an area of , Bavaria is the largest German state by land area, comprising roughly a fifth of the total land area of Germany. With over 13 million inhabitants, it is second in population only to North Rhine-Westphalia, but due to its large size its population density is below the German average. Bavaria's main cities are Munich (its capital and largest city and also the third largest city in Germany), Nuremberg, and Augsburg. The history of Bavaria includes its earliest settlement by Iron Age Celtic tribes, followed by the conquests of the Roman Empire in the 1st century BC, when the territory was incorporated into the provinces of Raetia and Noricum. It became the Duchy of Bavaria (a stem duchy) in the 6th century AD following the collapse of the Western Roman Empire. It was later incorporated into the Holy Roman Empire, became an ind ...
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Transparency For Listed Companies Directive
The Transparency Directive, Transparency Obligations Directive or Directive 2004/109/EC is an EU Directive issued in 2004, revising an earlier Directive 2001/34/EC. The Transparency Directive was amended in 2013 by the Transparency Directive Amending Directive (Directive 2013/50/EU). The Transparency Directive improves the harmonisation of information duties of issuers, whose securities are listed at a regulated market at a stock exchange within the European Union, and further market participants. The aims of these amendments are to establish minimum requirements regarding the financial information distribution all over the European Union and an increase in transparency at the capital markets and in investor protection to meet information deficits in a developing financial market environment.Gutzy, Jochen/Märzheuser, Michael (2007): Praxishandbuch Ad-hoc-Publizität, p. 49 The term ''Transparency Obligations Directive'' is used in the UK Companies Act 2006, which implemented ...
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Hermann Otto Solms
Hermann Otto Solms (born Hermann Otto Prinz zu Solms-Hohensolms-Lich; 24 November 1940) is a German politician of the Free Democratic Party (FDP). Between 1980 and 2013, he was a member of the Bundestag, from 1991 to 1998 as Chairman of the FDP parliamentary party and from 1998 to 2013 as Vice President of the Bundestag. Since 2017 he has again been a member of the Bundestag. Early life Solms was born posthumously, the third son and fifth child of Hermann Otto Erbprinz zu Solms-Hohensolms-Lich (1902–1940).Gothaisches Genealogisches Handbuch der Fürstlchen Häuser, Band I. Verlag des Deutschen Adelsarchivs. Marburg. 2015. pp. 471–476. (German). . His father was the heir to the fortune and legacy of the Princes zu Solms-Hohensolms-Lich, a noble family known in Germany since 1129, whose Imperial county was made a principality of the Holy Roman Empire in 1792, but mediatized under the sovereignty of the Grand Duchy of Hesse in 1806. Hermann Otto's father died while serving as ...
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Thomas De Maizière
Karl Ernst Thomas de Maizière (; born 21 January 1954) is a German politician of the Christian Democratic Union (CDU) who served as Federal Minister of the Interior from 2009 to 2011 and 2013 to 2018, as well as Federal Minister of Defence from 2011 to 2013. He previously served as Head of the Chancellery and Federal Minister for Special Affairs in the First Merkel cabinet from 2005 to 2009. Since 2009, he has been a member of the Bundestag for Meißen. Along with Ursula von der Leyen and Wolfgang Schäuble, De Maizière was one of only three ministers to have continuously served in Chancellor Angela Merkel's cabinets from 2005 until 2018.Arne Delfs (22 January 2014)Merkel Succession Beckons After von der Leyen’s Defense Posting''Businessweek''. Together with Von der Leyen, he was widely looked on as a possible future successor to Merkel. Before his appointment to the federal cabinet, he served as a minister in the state government of Saxony, including as chief of staff t ...
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2009 German Federal Election
Federal elections took place on 27 September 2009 to elect the members of the 17th Bundestag (parliament) of Germany. Preliminary results showed that the Christian Democratic Union (CDU), its Bavarian sister party, the Christian Social Union (CSU), and the Free Democratic Party (FDP) won the election, and the three parties announced their intention to form a new centre-right government with Angela Merkel as chancellor. Their main opponent, Frank-Walter Steinmeier's Social Democratic Party (SPD), conceded defeat. The Christian Democrats previously governed in coalition with the FDP in most of the 1949–1966 governments of Konrad Adenauer and Ludwig Erhard and the 1982–1998 governments of Helmut Kohl. Campaign Since the 2005 election, Chancellor Angela Merkel (CDU) had governed in a grand coalition with the SPD. However, it was her stated goal to win a majority for CDU/CSU and FDP (the CDU/CSU's traditional coalition partner) in 2009. Foreign minister and Vice-Chancell ...
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Coalition Government
A coalition government is a form of government in which political parties cooperate to form a government. The usual reason for such an arrangement is that no single party has achieved an absolute majority after an election, an atypical outcome in nations with majoritarian electoral systems, but common under proportional representation. A coalition government might also be created in a time of national difficulty or crisis (for example, during wartime or economic crisis) to give a government the high degree of perceived political legitimacy or collective identity, it can also play a role in diminishing internal political strife. In such times, parties have formed all-party coalitions (national unity governments, grand coalitions). If a coalition collapses, the Prime Minister and cabinet may be ousted by a vote of no confidence, call snap elections, form a new majority coalition, or continue as a minority government. Coalition agreement In multi-party states, a coalition agreeme ...
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Bloomberg Business
''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City in September 1929. Bloomberg Businessweek business magazines are located in the Bloomberg Tower, 731 Lexington Avenue, Manhattan in New York City and market magazines are located in the Citigroup Center, 153 East 53rd Street between Lexington and Third Avenue, Manhattan in New York City. History ''Businessweek'' was first published based in New York City in September 1929, weeks before the stock market crash of 1929. The magazine provided information and opinions on what was happening in the business world at the time. Early sections of the magazine included marketing, labor, finance, management and Washington Outlook, which made ''Businessweek'' one of the first publications to cover national political issues that directly impacted the b ...
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New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital media, digital subscribers. It also is a producer of popular podcasts such as ''The Daily (podcast), The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones (publisher), George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won List of Pulitzer Prizes awarded to The New York Times, 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national "newspaper of record". For print it is ranked List of newspapers by circulation, 18th in the world by circulation and List of newspapers in the United States, 3rd in the U.S. The paper is owned by the New York Times Company, which is Public company, publicly traded. It has been governed by the Sulzberger family since 189 ...
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BayernLB
Bayerische Landesbank (BayernLB; Bavarian State Bank) is a publicly regulated bank based in Munich, Germany and one of the six Landesbanken. It is 75% owned by the Free State of Bavaria (indirectly via BayernLB Holding AG) and 25% owned by the ''Sparkassenverband Bayern'', the umbrella organization of Bavarian Sparkassen. With a balance of €220 billion and 7,703 employees (in the group; 3,343 in the bank itself), it is the seventh-largest financial institution in Germany. Main business activities As a commercial bank, BayernLB Group offers private and commercial customers a universal range of services in private, industrial, investment and foreign business. This includes loans, securities trading and asset management, as well as mid-term and long-term bond issuance and securitization. The bank is refinanced through a variety of commercial debenture instruments. As a state and municipal bank, BayernLB is responsible for comprehensive credit and financial counsel for the state ...
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Hypo Alpe-Adria-Bank International
Heta Asset Resolution A.G. is a " bad bank" that was the residual asset of the original Hypo Alpe-Adria-Bank International A.G., which was dismantled in 2014. It was owned by the Government of Austria. The bad bank contained the leasing subsidiary of former Hypo Alpe-Adria-Bank Group in Austria, Italy, Bulgaria, Serbia, Montenegro and North Macedonia but not in Bosnia and Herzegovina, Croatia and Slovenia, which were transferred to the "good bank". In the past Hypo Alpe-Adria-Bank International was also active in Austria, Germany, Italy, Bulgaria, Hungary and Ukraine. However, due to the European debt crisis, the group was split into HBI-Bundesholding AG (consisting of the subsidiary Hypo Alpe-Adria-Bank S.p.A.; Italy), the Balkan banks (Hypo Group Alpe Adria AG; now Addiko Bank) and a bad bank, Heta Asset Resolution AG (ex-Hypo Alpe-Adria-Bank International AG) in 2014. The leasing subsidiaries of the former Hypo Alpe-Adria-Bank International in Italy, Bulgaria, Serbia, Monte ...
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Austria
Austria, , bar, Östareich officially the Republic of Austria, is a country in the southern part of Central Europe, lying in the Eastern Alps. It is a federation of nine states, one of which is the capital, Vienna, the most populous city and state. A landlocked country, Austria is bordered by Germany to the northwest, the Czech Republic to the north, Slovakia to the northeast, Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the west. The country occupies an area of and has a population of 9 million. Austria emerged from the remnants of the Eastern and Hungarian March at the end of the first millennium. Originally a margraviate of Bavaria, it developed into a duchy of the Holy Roman Empire in 1156 and was later made an archduchy in 1453. In the 16th century, Vienna began serving as the empire's administrative capital and Austria thus became the heartland of the Habsburg monarchy. After the dissolution of the H ...
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Josef Proell
Josef may refer to *Josef (given name) *Josef (surname) * ''Josef'' (film), a 2011 Croatian war film *Musik Josef Musik Josef is a Japanese manufacturer of musical instruments. It was founded by Yukio Nakamura, and is the only company in Japan specializing in producing oboe The oboe ( ) is a type of double reed woodwind instrument. Oboes are usually ma ...
, a Japanese manufacturer of musical instruments {{disambiguation ...
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