Top Job for Former Chancellor Nehammer

Finance Minister Markus Marterbauer (SPÖ) nominates former ÖVP Chancellor Karl Nehammer for a director position at the European Investment Bank (EIB). This was confirmed to the daily newspaper "Kurier" by the Ministry of Finance. At the EIB, former Finance Minister and ÖVP leader Wilhelm Molterer had already docked after his political career.

Marterbauer nominates Nehammer for job at EIB

Molterer held the position of Vice President of the EIB from 2011 to 2015. Now Nehammer could follow him. The nine-member management board is appointed in turn by the EU member states. And right now, the nomination right falls to Austria again.

The European Investment Bank (EIB) works closely with other EU institutions. It grants loans in areas such as climate protection and ecological sustainability, digitalization and technological innovation, security and defense, agriculture and bioeconomy, and social infrastructure to promote European integration.

FPÖ criticizes "job trading"

The Freedom Party sees Nehammer's appointment as "job trading in a formerly grand coalition manner." "Nehammer's chancellorship was marked by record debts that the country will have to deal with for decades - and precisely the one overall responsible for this is now supposed to become a banker at the highest level," criticized FPÖ General Secretary Christian Hafenecker: "I am sure that there are people in Austria who have the appropriate education to be able to hold this job with expertise." Hafenecker demanded that this personnel decision be revoked and a serious personnel search be conducted.

(APA/Red)

This article has been automatically translated, read the original article here.