Peer Steinbruck

Politician

Peer Steinbruck was born in Hamburg, Germany on January 10th, 1947 and is the Politician. At the age of 77, Peer Steinbruck biography, profession, age, height, weight, eye color, hair color, build, measurements, education, career, dating/affair, family, news updates, and networth are available.

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Date of Birth
January 10, 1947
Nationality
Germany
Place of Birth
Hamburg, Germany
Age
77 years old
Zodiac Sign
Capricorn
Profession
Economist, Non-fiction Writer, Politician, University Teacher
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Peer Steinbruck Height, Weight, Eye Color and Hair Color

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Peer Steinbruck Religion, Education, and Hobbies
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Education
University of Kiel
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Peer Steinbruck Life

Peer Steinbrück (born 10 January 1947) is a German politician who was the chancellor-candidate of the Social Democratic Party (SPD) in the 2013 federal election.

Steinbrück served as the 8th Minister-President of North Rhine-Westphalia from 2002 to 2005, a member of the Bundestag from 2009 to 2016, and as Federal Minister of Finance in the first Cabinet of Chancellor Angela Merkel from 2005 to 2009.A graduate of the University of Kiel, Steinbrück began his political career in the office of Chancellor Helmut Schmidt and became chief of staff to Minister-President of North Rhine-Westphalia, Johannes Rau, in 1986.

Steinbrück served as a state minister in both Schleswig-Holstein and North Rhine-Westphalia and succeeded Wolfgang Clement as Minister-President of North-Rhine Westphalia in 2002.

Governing in an SPD-Green coalition, Steinbrück’s tenure was noted for its attempt to reduce tax breaks and coal subsidies.

In the 2005 state election, Steinbrück’s SPD lost to the Christian Democratic Union (CDU) opposition led by Jürgen Rüttgers, thus marking the end of Steinbrück’s tenure as Minister-President. After the 2005 federal election, which resulted in a Grand Coalition government under the leadership of new Chancellor Angela Merkel of the CDU, Steinbrück was appointed Minister of Finance.

In this position, Steinbrück was charged with reducing Germany’s budget deficit, curbing public debt, and introducing changes in the taxation system.

In the 2009 federal election, SPD chancellor-candidate Frank-Walter Steinmeier included Steinbrück as a member of his shadow cabinet. In 2012, the National Assembly of the SPD elected Steinbrück as the chancellor-candidate of the SPD for the 2013 federal election.

After he was nominated, controversy surrounding Steinbrück history of giving paid speeches to private banks such as JPMorgan Chase and Deutsche Bank, as well as the potential conflict of interest surrounding his seat on the board of steel conglomerate Thyssenkrupp, prompted criticism from both centre-right members of Angela Merkel’s coalition as well as members of SPD’s left-wing.

Steinbrück’s gaffe-prone campaign failed to gain traction, and the SPD was comfortably defeated by Merkel’s CDU in the federal election which took place on 22 September 2013.

Early life and education

Steinbrück was born in Hamburg, on 10 January 1947, to Ilse (née Schaper; 1919–2011) and Ernst Steinbrück (1914–1998), an architect born in Danzig. After having been trained as an officer of the reserve of the Bundeswehr, Steinbrück studied economics at the University of Kiel. He graduated in 1974.

Personal life

Steinbrück's wife, Gertrud (born 1950), is a former biology and politics teacher at a high school in Bonn. They have three children.

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Peer Steinbruck Career

Career

Steinbrück worked in several German ministries and, from 1978 to 1981, in the office of German Chancellor Helmut Schmidt. He served in the Permanent Representative Office of the Federal Republic of Germany in East Berlin from 1981 to 1985. Steinbrück, a retired engineer from the 1980s, was the chief of staff to the Minister President of North Rhine-Westphalia, Johannes Rau.

He became the State Minister of Economic Affairs and Infrastructure in Schleswig-Holstein in 1993. He then returned to North Rhine-Westphalia, where he first served as the Minister of Economic Affairs and Infrastructure in 1998 and Finance Minister in 2000.

Steinbrück served as the 8th Minister President (Ministerpräsident or governor) of North Rhine-Westphalia from 2002 to 2005. He headed a SPD and Green Party coalition government.

Steinbrück accompanied Chancellor Gerhard Schröder on a visit to China in December 2002 for talks with President Jiang Zemin and Premier Zhu Rongji.

Steinbrück and Roland Koch, the Christian Democrat premier of Hesse, came up with a joint initiative to eliminate tax breaks and subsidies, including those on coal. In North Rhine-Westphalia, where the bulk of the coal mines were located then, the subsidies were a particularly difficult problem. Nonetheless, Steinbrück and Koch announced that all subsidies would be reduced by 12 percent over the next ten years. Steinbrück was a promoter of the so-called "Agenda 2010" in the United States.

Steinbrück's SPD lost to the Christian Democratic (CDU) opposition in the state election on May 22nd. This loss had also had ramifications for federal politics: Gerhard Schröder, the German Chancellor, who was already mired by poor opinion polls and criticism within his own party, announced plans to schedule an early federal election for the Bundestag. This culminated in the 2005 federal election, four months after Angela Merkel became Chancellor for the first time.

SPD and CDU formed a Grand Alliance under the leadership of new Chancellor Angela Merkel (CDU). In November 2005, Peer Steinbrück became Germany's finance minister. He was charged with reducing Germany's budget deficit, reducing public debt, and implementing reforms in the tax system. Following his initiative, Germany introduced a flat rate withholding tax of 25 percent on private income from capital and capital gains, with the intention of preventing tax evasion. He oversaw and orchestrated the legislative and fiscal efforts to combat the country's largest financial and economic crisis since the war.

Steinbrück served as deputy chairman of the SPD from 2005 to 2005. Steinbrück was included in the Social Democrats' effort to depose incumbent Angela Merkel as chancellor ahead of the 2009 elections.

Steinbrück and Steinmeier suggested that the European debt crisis be solved by "a haircut for debt owners, debt guarantees for stable countries, and the limited introduction of European-wide bonds in the medium term," in a joint article in the Financial Times on December 14, 2010. Steinbrück was a candidate for the European Central Bank in February 2011.

Senator Steinbrück defeated Angela Merkel in the 2013 federal election on December 9, 2012, an extraordinary National Assembly of the SPD that saw 93.45% of the vote. After Frank-Walter Steinmeier, the party's deputy leader, withdrawn from the race, Sigmar Gabriel, the party's chairman at the time, who had also been considered a potential candidate, argued that the party's leadership had agreed to nominate Steinbrück.

Steinbrück promised to implement rent controls, raise taxes, and use the funds for education and infrastructure during his campaign. Merkel also accused Merkel of displaying a lack of enthusiasm for Europe in the euro crisis because she was raised in communist East Germany. He criticized Merkel's support for hardline austerity measures in impoverished eurozone countries in the run-up to the elections and reiterated his support for the euro, saying that its demise would "throw out European unification by 20 to 30 years" and "destroy any industry." He travelled to Greece for talks with President Karolos Papoulias, Prime Minister Antonis Samaras, Finance Minister Yannis Stournaras, and PASOK chairman Evangel Venizelos.

Steinbrück chastised Merkel for not supporting Germany's allies in their war against Libyan dictator Muammar Gaddafi. In addition, he has stated that he would severely limit German arms exports to countries such as Saudi Arabia.

Cornelia Füllkrug-Weitzel, Gesche Joost, Yasemin Karakaşolu, Christiane Krajewski, Martin Lauterbach, Florian Pronold, Matthias Scheytt, Manuela Schwesig, and Brigitte Zypries were among the twelve members of Steinbrück's shadow cabinet, including Cornelia Füllkrug-Weitzel, Gesche Joost, Gesche Joost, Matthew Krajewski, Christophe Karaka heilu, In the case of his victory, he expressed his support for Jürgen Trittin, the Green Party's co-chairman, to become Minister of Finance.

Despite winning the support of former Chancellors Gerhard Schröder and Helmut Schmidt right away, Steinbrück's gaffe-prone campaign never gained traction against the famous Merkel. Fake pas was overshadowed during the campaign by his previously held image as a crisis manager who had been active in fighting the global financial crisis. He clashed with Sigmar Gabriel, the party's leader, who, according to Steinbrück, had not been sympathetic of his campaign.

Steinbrück's Social Democrats gained 25.7 percent on September 22, while Merkel's CDU and its Bavarian sister party CSU won 41.5 percent of the vote. Following the results of the polls, Steinbrück was part of the SPD delegation and held preliminary talks with the CDU/CSU on the possibility of establishing a coalition government.

Steinbrück, as a member of parliament, served on the Committee on Foreign Affairs and as chairman of the German-American Parliamentary Friendship Group from 2013 to 2016.

Steinbrück joined the Agency for Modernization of Ukraine in March 2015, an initiative led by Dmitry Firtash to implement a broad agenda of political and economic reforms in the region.

Steinbrück said in September 2015 that he would not run in the 2017 federal elections. In September 2016, he resigned his seat in the Bundestag.

In 2018, he wrote a book called Das Elend der Sozial-demokratie. Anmerkungen von Genossen, which investigated why the SPD never lost elections from an insider's perspective.

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