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Georg Fahrenschon

Georg Fahrenschon
GeorgFahrenschon.jpg
Bavarian Minister of Finance
In office
2008 – 2011
Preceded by Erwin Huber
Succeeded by Markus Söder
Member of the Bundestag
In office
2002 – 2007
Preceded by Martin Mayer
Succeeded by Florian Hahn
Personal details
Born (1968-02-08) February 8, 1968 (age 49)
Nationality  Germany
Political party Christian Social Union of Bavaria
Alma mater University of Augsburg
Profession Economist
Website www.georg-fahrenschon.de

Georg Fahrenschon (born February 8, 1968 in Munich) is a German politician, representative of the Christian Social Union of Bavaria. From 2008 to 2011 he served as finance minister in the Bavarian State Ministry of Finance. He was a member of the Bundestag of Germany until 2007.

He graduated with a Diplom in economics from the University of Augsburg in 1999.

Following the 2002 federal elections, Fahrenschon became a Member of the German Bundestag, where he served on the Finance Committee. Within the Finance Committee, he was the CDU/CSU parliamentary group’s rapporteur on Germany's Transparency Directive Implementation Act (Transparenzrichtlinie-Umsetzungsgesetz, TUG), among others.

Following the Bavarian state elections in 2008, Fahrenschon was made State Minister of Finance in the cabinet of Minister-President Horst Seehofer. During his time in office, he led the talks with his Austrian counterpart Josef Proell in 2009 about Austria nationalizing Hypo Alpe-Adria-Bank International, a local unit of BayernLB, after heavy losses tied to loans in Southeast and Eastern Europe had driven the overextended lender to the brink of collapse.

In the negotiations to form a coalition government following the 2009 federal elections, Fahrenschon was a member of the working group on taxes, national budget and financial policy, led by Thomas de Maizière and Hermann Otto Solms.


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