Uta Nickel (born 19 July 1941) is a German economist and one of the former

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", ...

s of

East Germany East Germany, officially the German Democratic Republic (GDR; german: Deutsche Demokratische Republik, , DDR, ), was a country that existed from its creation on 7 October 1949 until its dissolution on 3 October 1990. In these years the state ...

Early life and education

Nickel was born in Leipzig on 19 July 1941. She studied economics.

Career

Nickel joined the ruling party of East Germany, Socialist Unity, in 1960. She served as the councillor of finance of Leipzig in the period between 1963 and 1976. She was state secretary for finances and prizes from 1988 to 1989. She was appointed minister of finance and prizes on 18 November 1989, replacing Ernst Höfner in the post. She was part of "reform-minded" cabinet formed by Hans Modrow. She resigned from the office in January 1990 following the allegations that she was involved in illegal payments. Upon these accusations, she was investigated by the prosecutor general for financial breach of trust. Nickel denied any wrongdoing. Nickel's term officially ended on 12 April 1990 when Walter Siegert was appointed as acting finance minister. After retiring from politics Nickel worked as a consultant for two

property development Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re- lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to othe ...

companies based in

Cologne Cologne ( ; german: Köln ; ksh, Kölle ) is the largest city of the German western state of North Rhine-Westphalia (NRW) and the fourth-most populous city of Germany with 1.1 million inhabitants in the city proper and 3.6 millio ...

References

External links

* {{DEFAULTSORT:Nickel, Uta 20th-century German women politicians 1941 births Female finance ministers Finance ministers of East Germany German women economists Living people Women government ministers of East Germany Politicians from Leipzig Socialist Unity Party of Germany politicians