Ernst Welteke
Ernst Welteke (born August 21, 1942 in Korbach ) is a German SPD politician and economist . He was President of the Deutsche Bundesbank from 1999 to 2004 .
Life
The trained agricultural machinery mechanic obtained his Abitur via the second educational path at the Wiesbaden Hessenkolleg and then studied economics in Marburg and at the Johann Wolfgang Goethe University in Frankfurt am Main. The economist began his political career in local politics (as a member of the district council and SPD chairman in the Hochtaunus district ) and since 1972 as an employee of the Hessian Prime Minister Albert Osswald .
In 1974 he became a member of the Hessian state parliament , of which he was a member until 1995. He ran in the constituency of Hochtaunus II , but was elected via the SPD state list. Since 1984, when the first red-green coalition began, Welteke was chairman of the SPD parliamentary group with a brief interruption (from April 1987 until Hans Krollmann resigned in February 1988).
When red-green was reissued in Hessen in 1991, Welteke switched to Minister-President Hans Eichel's cabinet as Minister of Economics . After through the lottery affair conditional resignation of ANNETTE FUGMANN-HEESING as finance minister took over Welteke 1994, the finance department .
In 1995 Welteke was appointed President of the State Central Bank in Hesse at the suggestion of his longtime political companion Eichel . During this time, Welteke convinced numerous critics who, when he was appointed, had doubted whether a long-time professional politician had the necessary expertise for this position.
On September 1, 1999 Welteke became President of the Deutsche Bundesbank - again through the engagement of Hans Eichel, who was meanwhile Federal Minister of Finance - and thus succeeded Hans Tietmeyer . In this capacity he also represented the interests of the Bundesbank in the Council of the European Central Bank .
Adlon affair
At the beginning of April 2004, the news magazine Der Spiegel published tax receipts from Dresdner Bank about the cost notes of a Welteke visit to the Berlin festivities on the evening of the introduction of euro cash. Shortly afterwards, three anonymous letters arrived at the Federal Ministry of Finance containing evidence of the Adlon stay.
On April 5, 2004, Welteke announced that it would pay for the controversial overnight stays in the Berlin luxury hotel Adlon itself. He admitted that his controversial hotel stay had led to "criticism and misunderstanding" in public. The 61-year-old was invited by Dresdner Bank with his wife, son and his girlfriend to stay at the Hotel Adlon for several days on the occasion of the celebration. The costs amounted to over 7500 euros.
On April 6, the Frankfurt public prosecutor's office initiated an investigation on suspicion of accepting benefits , from April 7, Welteke suspended his offices on the recommendation of the Bundesbank's board of directors. Jürgen Stark became interim chairman . This was followed by Axel A. Weber .
resignation
On April 16, 2004, Welteke resigned from office, which brought the so-called Adlon affair to a temporary end. The resignation was apparently also brought about by research by ARD , according to which the economist and his wife had accepted an invitation from the BMW Group to the Formula 1 race in Monaco in June 2003 and had only paid the flight costs themselves. The group, which has now confirmed the information, also includes BMW Bank , over which Welteke, as President of the Bundesbank, was responsible. After the ARD capital city studio asked the Bundesbank for an opinion on the morning of April 16, the bank announced Welteke's resignation that evening.
New activities
Welteke was chairman of the board of trustees of the German Federal Environment Foundation from 2003 to 2004 .
In June 2005 Welteke became an independent member of the Board of Directors of the Zentr-Invest bank in Rostov-on-Don . The southern Russian bank Zentr-Invest was founded in 1992 and ranks 85th in Russia with assets of just under ten billion rubles (almost 290 million euros). The largest single shareholder is the European Bank for Reconstruction and Development (EBRD) , whose share is between 20.4 and 25.2 percent according to various reports.
From August 2006 to January 2, 2019, Welteke was chairman of the supervisory board of Thesauros AG, a management consultancy founded in 2006 with headquarters in Cologne, which, as a stock corporation, focuses on specialist and industry-specific consulting services within the real estate industry .
Ernst Welteke has also been a board member of Banco Kwanza Invest , an Angolan investment bank, since 2008 . It was founded by José Filomeno de Sousa dos Santos, a son of President José Eduardo dos Santos .
In the summer of 2006, his wife Bettina Wieß, who was 20 years his junior, separated from him.
In the context of the financial disputes of this separation, Welteke was again in the public eye in December 2006 when he sued the Frankfurt Administrative Court for an increase in his pension. Instead of the 8,000 euros he had been awarded, Welteke asked for around 24,000 euros a month. As a justification, he stated that when calculating the pension, previous activities, including as a member of the state parliament and minister, had not been sufficiently taken into account. The court awarded Welteke a claim of around 12,500 euros per month, but subsequently found that there had been a calculation error when determining the pension amount and Welteke had a claim of around 8,400 euros.
In response to Welteke's appeal, the Hessian Administrative Court (VGH) in Kassel decided on June 24, 2008 that Welteke would receive a member's pension from the state of Hesse for his 17 years as a member of the state parliament of 4,545 euros a month. Hesse refused to give him a so-called old-age allowance because he was getting enough money from the Deutsche Bundesbank. Welteke's lawsuit against the Deutsche Bundesbank to increase his monthly remuneration from 8,550 to 15,247 euros was rejected by the VGH in the last instance. This gives the former head of the Bundesbank 13,095 euros a month (Ref .: 1 UE 319/07 and 2602/07). The additional payment will be made retrospectively from May 2004.
literature
- Diethard B. Simmert (Hrsg.), Ernst Welteke (Hrsg.): The European Central Bank. Deutscher Sparkassen Verlag, 1999, ISBN 3-09-301300-3 .
- Ernst Welteke (Hrsg.), Gustav A. Schröder (Hrsg.), Markus B. Hofer (Hrsg.): Perspectives of the markets for financial services. Deutscher Sparkassen Verlag, ISBN 3-09-301285-6 .
Web links
- Literature by and about Ernst Welteke in the catalog of the German National Library
- Ellen Schuster: Deutsche Welle (www.dw.com): Well-versed and pragmatic - DW - 02.01.2002. In: dw.com. October 30, 2018, accessed November 2, 2018 .
Individual evidence
- ↑ Ernst Welteke. Retrieved November 2, 2018 . March 26, 2011 (Portuguese)
- ↑ Horst Cronauer and Kitty Pohl: Ex-Bundesbank President separates from his wife. Mister Euro: marriage bankruptcy. bild.de, December 11, 2006, accessed on September 10, 2013 .
- ↑ http://www.koeln.de/aktuell/afp/newsticker/ticker/080624142707.ijr7cejo.html (link not available)
- ↑ Welteke receives almost 5000 euros more per month. In: FAZ.net . June 24, 2008, accessed December 14, 2014 .
Rudolf Mueller (1945–1946) | Werner Hilpert (1946) | Harald Koch (1946–1949) | Albert Wagner (1949–1951) | Heinrich Fischer (1951–1955) | Gotthard Franke (1955–1963) | Albert Osswald (1963–1964) | Rudi Arndt (1964–1970) | Heinz-Herbert Karry (1970–1981) | Klaus-Jürgen Hoffie (1981–1982) | Ulrich Steger (1984–1987) | Alfred Schmidt (1987-1991) | Ernst Welteke (1991–1994) | Lothar Klemm (1994–1999) | Dieter Posch (1999-2003) | Alois Rhiel (2003-2009) | Dieter Posch (2009–2012) | Florian Rentsch (2012–2014) | Tarek Al-Wazir (since 2014)
Wilhelm Mattes (Greater Hesse, 1945–1946) | Robert Philipp Nöll von der Nahmer (Greater Hesse, 1946) | Werner Hilpert (1947–1951) | Heinrich Troeger (1951–1956) | Wilhelm Conrad (1956–1964) | Albert Osswald (1964–1969) | Erwin Lang (1969–1970) | Rudi Arndt (1970–1972) | Heribert Reitz (1972–1984) | Hans Krollmann (1984–1987) | Manfred Kanther (1987–1991) | Annette Fugmann-Heesing (1991–1994) | Ernst Welteke (1994–1995) | Karl Starzacher (1995–1999) | Karlheinz Weimar (1999–2010) | Thomas Schäfer ( 2010–2020) | Michael Boddenberg (since 2020)
Rudolf Freidhof (1946–1947) | Albert Wagner (1947–1949) | Ludwig Bodenbender (1949–1953) | Heinrich Schneider (1953–1955) | Ludwig Bodenbender (1955–1958) | Georg Buch (1958–1960) | Willi Zinnkann (1960–1961) | Rudi Arndt (1961–1964) | Johannes Strelitz (1964–1967) | Erwin Lang (1967–1969) | Werner Best (1969–1970) | Heribert Reitz (1970–1972) | Hans Krollmann (1972–1973) | Willi Görlach (1973–1974) | Armin Clauss (1974-1976) | Karl Schneider (1976–1980) | Horst Winterstein (1980–1984) | Ernst Welteke (1984–1987) | Hans Krollmann (1987–1988) | Ernst Welteke (1988–1991) | Lothar Klemm (1991–1994) | Armin Clauss (1994-2001) | Gerhard Bökel (2001–2003) | Jürgen Walter (2003–2007) | Andrea Ypsilanti (2007-2009) | Thorsten Schäfer-Gümbel (2009–2019) | Nancy Faeser (since 2019)
| personal data | |
|---|---|
| SURNAME | Welteke, Ernst |
| BRIEF DESCRIPTION | German politician (SPD), MdL and economist; Bundesbank President |
| DATE OF BIRTH | August 21, 1942 |
| PLACE OF BIRTH | Korbach |