Bloomberg News

Raidl Says He Won't Become Austria's Finance Minister

April 13, 2012

Claus Raidl, president of Austria’s central bank and former chief executive officer of specialty steelmaker Boehler-Uddeholm AG, said he won’t become the Alpine republic’s finance minister, rejecting reports in two Austrian newspapers.

“I said 10 years ago that I wasn’t the future hope of the People’s Party,” Raidl, 69, told reporters in Vienna yesterday.

Kurier and Die Presse newspapers reported on April 11 that the conservative People’s Party may replace Finance Minister Maria Fekter with Raidl, citing unidentified people close to the group.

To contact the reporter on this story: Zoe Schneeweiss in Vienna at zschneeweiss@bloomberg.net

To contact the editor responsible for this story: Stephen Foxwell at sfoxwell@bloomberg.net


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