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Ferdinand Lacina

Austrian politician (born 1942) From Wikipedia, the free encyclopedia

Ferdinand Lacina
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Ferdinand Lacina (born 31 December 1942) is an Austrian politician. He served as finance minister from 1986 to 1995.

Quick facts Minister of Finance, Prime Minister ...
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Early life

Lacina was born on 31 December 1942.[1] He is a graduate of Vienna University of Economics and Business.[1] He was among the leading figures of the antifascist student movement in the 1960s.[2]

Career

Lacina is a member of the Social Democratic Party of Austria. He served as minister of transport and nationalized industries.[3] On 16 June 1986 he was appointed finance minister, replacing Franz Vranitzky in the post.[3] The cabinet was led by Franz Vranitzky.[4] Lacina successfully reduced the federal deficit to 3.2% in 1994 following a long period of consolidation.[3] His tenure lasted until 6 April 1995 when he resigned from office.[4] Andreas Staribacher succeeded him in the post.

Following the retirement from politics Lacina was named the general director of the GiroCredit Bank.[5] He was also a member of Bank Medici's supervisory board.[6] Lacina is the president of the Austrian Marshall Plan Foundation.[7]

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References

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