Georg Fahrenschon | |
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Bavarian Minister of Finance | |
In office 2008 – 2011 |
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Preceded by | Erwin Huber |
Succeeded by | Markus Söder |
Member of the Bundestag | |
In office 2002 – 2007 |
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Preceded by | Martin Mayer |
Succeeded by | Florian Hahn |
Personal details | |
Born | February 8, 1968 |
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.