Theo Waigel

Theo Waigel
Waigel in 2019
Leader of the Christian Social Union
In office
16 November 1988 – 16 January 1999
Preceded byFranz Josef Strauß
Succeeded byEdmund Stoiber
Federal Minister of Finance
In office
21 April 1989 – 27 October 1998
ChancellorHelmut Kohl
Preceded byGerhard Stoltenberg
Succeeded byOskar Lafontaine
Bundestag First Deputy Leader of the CDU/CSU Group
In office
4 November 1982 – 16 November 1988
LeaderAlfred Dregger
Wolfgang Schäuble
Preceded byFriedrich Zimmermann
Succeeded byWolfgang Bötsch
Member of the Bundestag
for Neu-Ulm
In office
3 October 1976 – 17 October 2002
Preceded byLeo Wagner
Succeeded byGeorg Nüßlein
Personal details
Born
Theodor Waigel

(1939-04-22) 22 April 1939 (age 85)
Ursberg, Bavaria, Deutsches Reich
Political partyChristian Social Union (CSU)
Alma materUniversity of Würzburg
ProfessionLawyer

Theodor Waigel (born 22 April 1939) is a German politician of the Christian Social Union in Bavaria (CSU). He represented Neu-Ulm in the Bundestag from 1976 to 2002.

Waigel is a lawyer, and earned a doctorate in 1967. He was a member of the Bundestag from 1972 to 2002. He served as Federal Minister of Finance of Germany in the Cabinet of Chancellor Helmut Kohl from 1989 to 1998, and as Chairman of the Christian Social Union in Bavaria from 1988[1] to 1999. He is known as the father of the Euro, the European currency.[2] He played a vital role in its introduction as German Minister of Finance. He also managed to impose an austerity program on West Germans and overcome the massive deficits of German unification to meet the strict fiscal benchmarks mandated by Europe's single currency.[3] In 2009, he was appointed Honorary Chairman of the CSU.

  1. ^ Tuohy, William (14 April 1989). "Kohl Shuffles Cabinet to Aid Image Before Election". Los Angeles Times. Bonn. Retrieved 10 April 2013.
  2. ^ Stone, Randall W. and Gent, Stephen E. (1 February 2006) Formalizing Informal Cooperation: Norm-Based Cooperation and the European Stability and Growth Pact
  3. ^ John Schmid (27 May 1998), German Opposition Advertises a Cabinet International Herald Tribune.