Ferdinand Lacina (born 31 December 1942) is an Austrian politician. He served as

finance minister A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", ...

from 1986 to 1995.

Early life

Lacina was born on 31 December 1942. He is a graduate of

Vienna University of Economics and Business The Vienna University of Economics and Business (german: Wirtschaftsuniversität Wien, WU) is a public research university in Vienna, Austria, the largest university focusing on business, management and economics in Europe. It has been ranked a ...

. He was among the leading figures of the

antifascist Anti-fascism is a political movement in opposition to fascist ideologies, groups and individuals. Beginning in European countries in the 1920s, it was at its most significant shortly before and during World War II, where the Axis powers were ...

student movement in the 1960s.

Career

Lacina is a member of the Social Democratic Party of Austria. He served as minister of transport and nationalized industries. On 16 June 1986 he was appointed finance minister, replacing

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 in ...

in the post. The cabinet was led by Franz Vranitzky. Lacina successfully reduced the federal deficit to 3.2% in 1994 following a long period of consolidation. His tenure lasted until 6 April 1995 when he resigned from office. Andreas Staribacher succeeded him in the post. Following the retirement from politics Lacina was named the general director of the GiroCredit Bank. He was also a member of Bank Medici's supervisory board. Lacina is the president of the Austrian Marshall Plan Foundation.

References

External links

* {{DEFAULTSORT:Lacina, Ferdinand 20th-century Austrian economists 20th-century Austrian politicians 21st-century Austrian economists 1942 births Finance Ministers of Austria Government ministers of Austria Living people Social Democratic Party of Austria politicians Vienna University of Economics and Business alumni