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Hartwig Löger
Hartwig Löger (; born 15 July 1965) is an Austrian politician and former business executive who served as minister of finance from 2017 to 2019. From 2011 to 2017 he was chief executive officer of UNIQA Austria. On 22 May 2019, following the Ibiza affair, he was named vice chancellor, and on 28 May 2019, he was sworn in as acting chancellor after Austria's first ever successful vote of no confidence against a cabinet, leaving this post on 3 June 2019. Early life and education Löger was born in Selzthal in Styria and graduated in 1983 at the ''Stiftsgymnasium Admont''. Originally striving for a career as pilot, Löger started an ''Offiziersanwärterausbildung'' at the ''Bundesheer'' and made the pilots entrance exam there. Because of a knee injury Löger failed the exam and randomly ended up in the insurance branch. 1987/88 he started visiting a course for insurance economy at the Vienna University of Economics and Business and from 1999 to 2001 he completed an international ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vice-Chancellor Of Austria
The vice-chancellor of Austria is a member of the Government of Austria and is the deputy to the Chancellor. It is functionally equivalent to a deputy prime minister in other countries with parliamentary systems. The current vice-chancellor is Andreas Babler of the Social Democratic Party, since 3 March 2025. Description of the office Art. 69(2) of the Constitution of Austria states: :''The Vice-Chancellor stands in for the Federal Chancellor in his complete field of functions. If both Federal Chancellor and Vice Chancellor are hindered, the Federal President appoints a member of the government to represent the Federal Chancellor.'' In practice, the Vice-Chancellor is normally the leading member of the junior party within the current coalition government, frequently the party chairman. If only one party is represented in the government, the Vice Chancellor is often the Chancellor's presumed successor. List of officeholders (1919–present) Vice-chancellors of Aust ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Austrian Armed Forces
The Austrian Armed Forces () are the combined military forces of Austria. The military consists of 16,000 active-duty personnel and 125,600 reservists. The military budget is 1.0% of national GDP (including pensions) or €3.317 billion (2023,without pensions). History Interwar In 1918, the Republic of German-Austria established a military known as the ("People's Defence"). ''Volkswehr'' forces took part in military confrontations with Royal Yugoslav Army troops which occupied parts of Carinthia that Austria claimed as its own. In 1920, after the Republic of German-Austria transitioned into the First Austrian Republic, the new regime changed the military's name to the ("Federal Army"), which it has been known by ever since. In 1938, officers led by Alfred Jansa developed a military operation plan to defend against a potential invasion by Nazi Germany, which ultimately went unused due to a lack of political willpower when Austria was annexed by the Germans ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asian Development Bank
The Asian Development Bank (ADB) is a regional development bank to promote social and economic development in Asia. The bank is headquartered in Metro Manila, Philippines and maintains 31 field offices around the world. The bank was established on 19 December 1966 and admits the members of the UN Economic and Social Commission for Asia and the Pacific (UNESCAP, formerly the Economic Commission for Asia and the Far East or ECAFE), and non-regional developed countries. Starting with 31 members at its establishment, by 2019 ADB had 69 members. The ADB was modeled closely on the World Bank and has a similar weighted voting system, where votes are distributed in proportion with members' capital subscriptions. ADB releases an annual report that summarizes its operations, budget, and other materials for review by the public. The ADB-Japan Scholarship Program (ADB-JSP) enrolls about 300 students annually in academic institutions located in 10 countries within the Region. After comple ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Stability Mechanism
The European Stability Mechanism (ESM) is an intergovernmental organization located in Luxembourg City, which operates under public international law for all eurozone member states having ratified a special ESM intergovernmental treaty. It was established on 27 September 2012 as a permanent firewall for the eurozone, to safeguard and provide instant access to financial assistance programmes for member states of the eurozone in financial difficulty, with a maximum lending capacity of €500 billion. It has replaced two earlier temporary EU funding programmes: the European Financial Stability Facility (EFSF) and the European Financial Stabilisation Mechanism (EFSM). Overview The Treaty Establishing the European Stability Mechanism stipulated that the organization would be established if member states representing 90% of its capital requirements ratified the founding treaty. This threshold was surpassed with Germany's completion of the ratification process on 27 September 2012, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Investment Bank
The European Investment Bank (EIB) is the European Union's investment bank and is owned by the 27 member states. It is the largest multilateral financial institution in the world. The EIB finances and invests both through equity and debt solutions companies and projects that achieve the policy aims of the European Union through loans, equity and guarantees. The EIB focuses on the areas of climate, environment, small and medium-sized enterprises (SMEs), development, cohesion and infrastructure. It has played a large role in providing finance during crises including the 2008 financial crisis and the COVID-19 pandemic. Over 60 years since its inception in 1958 to 2018 the EIB has invested over 1.1 trillion euros. It primarily funds projects that "cannot be entirely financed by the various means available in the individual Member States". The EIB is one of the biggest financiers of Sustainable finance, green finance in the world. In 2007, the EIB became the first institution in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shares
In financial markets, a share (sometimes referred to as stock or equity) is a unit of equity ownership in the capital stock of a corporation. It can refer to units of mutual funds, limited partnerships, and real estate investment trusts. Share capital refers to all of the shares of an enterprise. The owner of shares in a company is a shareholder (or stockholder) of the corporation. A share expresses the ownership relationship between the company and the shareholder. The denominated value of a share is its face value, and the total of the face value of issued shares represent the capital of a company, which may not reflect the market value of those shares. The income received from the ownership of shares is a dividend. There are different types of shares such as equity shares, preference shares, deferred shares, redeemable shares, bonus shares, right shares, and employee stock option plan shares. Terminology * Stock * Equity * Shares outstanding are shares that are aut ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gernot Blümel
Gernot Blümel (born 24 October 1981) is an Austrian politician of the Austrian People's Party (ÖVP). He served as Austria's finance minister from 2020 to 2021, having announced his resignation shortly after Alexander Schallenberg's resignation on 2 December 2021. Since 2015, he has been the chairman of the Vienna branch of the ÖVP. Prior, he was Chancellery minister for European Affairs, Art, Culture, and Media from 2017 to 2019; he was also General Secretary of the ÖVP from 2013 to 2015. Education and personal life Blümel attended elementary school in his home town of Moosbrunn, Lower Austria. He attended the Don Bosco Salesian high school in Unterwaltersdorf, where he graduated in 2000. After completing military service in the Austrian Armed Forces, he studied philosophy at the University of Vienna and the University of Burgundy in Dijon, and graduated in 2009 with a master's degree. He then studied at the Executive Academy of the Vienna University of Economics and Bu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Kurz Government
The First Kurz government ( or ''Kurz I'' for short) was the 30th Government of Austria in office from 18 December 2017 until 3 June 2019. It succeeded the Kern government formed after the 2017 legislative election. Sebastian Kurz, chairman of the centre-right Austrian People's Party, known by its initials in German as ÖVP, reached an agreement on a coalition with the far-right Freedom Party of Austria (FPÖ), setting the stage for Kurz to become chancellor of Austria—the youngest head of government in Europe—for the first time. In the wake of the May 2019 Ibiza affair, Kurz terminated the coalition agreement and called for a snap election, which was ultimately held on 29 September 2019, after some disagreements over the timing. Kurz announced that his government would run as a minority technocratic caretaker government in the interim. However, on 27 May 2019, his government was dismissed by the National Council through a motion of no confidence, the first successful p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vienna
Vienna ( ; ; ) is the capital city, capital, List of largest cities in Austria, most populous city, and one of Federal states of Austria, nine federal states of Austria. It is Austria's primate city, with just over two million inhabitants. Its larger metropolitan area has a population of nearly 2.9 million, representing nearly one-third of the country's population. Vienna is the Culture of Austria, cultural, Economy of Austria, economic, and Politics of Austria, political center of the country, the List of cities in the European Union by population within city limits, fifth-largest city by population in the European Union, and the most-populous of the List of cities and towns on the river Danube, cities on the river Danube. The city lies on the eastern edge of the Vienna Woods (''Wienerwald''), the northeasternmost foothills of the Alps, that separate Vienna from the more western parts of Austria, at the transition to the Pannonian Basin. It sits on the Danube, and is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uniqa Insurance Group
The Uniqa Insurance Group AG (corporately styled "UNIQA") is one of the largest insurance groups in its core markets of Austria and Central and Eastern Europe and has approximately 40 companies in 22 countries and serve about 10.5 million customers. The corporate headquarters is located in the Uniqa Tower in Vienna, Austria and is listed on the Wiener Börse, Vienna Stock Exchange. History Uniqa was established in 1999. In 2000, Uniqa continued its policy of expansion abroad and acquires companies in Italy, Poland, Austria, Hungary, Liechtenstein, Slovakia, the Czech Republic, Romania, Slovenia, Bosnia and Herzegovina, Bulgaria, Ukraine, Serbia, North Macedonia, Kosovo, Albania, Montenegro, Russia, Spain, Lithuania, Germany and Croatia. On 1 July 2011, a new management board team headed by Andreas Brandstetter took over at the Uniqa Insurance Group. The new team developed a new growth strategy and begins to implement it. In April 2012, the Uniqa Group sold its majority interes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
