!!!Androsch, Hannes

b. Vienna, April 18, 1938, politician of the Austrian Social 
Democratic Party (SPOe), tax adviser and entrepreneur. 1967-1981 
Member of the Nationalrat, 1970-1981 Minister of Finance, 1976-1981 
Vice-Chancellor; as Minister of Finance he replaced the turnover tax 
with the value-added tax system. Supported free convertibility and was 
widely acknowledged for his expertise. Was for a long time considered 
to be the potential successor of Federal Chancellor Bruno  Kreisky but 
since his political office and activity as a tax adviser were 
irreconcilable he was forced by Kreisky to hand in his resignation. 
1981-1988 Director-General of the "Creditanstalt Bankverein" bank; 
legal proceedings forced him to resign this position; after this time 
A. was active in management consultancy, mainly in Eastern Europe; 
started his own businesses ( Austria Technologie & Systemtechnik AG, 
Oesterreichische  Salinen AG) in 1994.

!Publications
Die polit. Oekonomie der oe. Waehrung, 1985; 
Investitionsleitfaden O-Europa, 1996; Der Stand der Dinge, 2000.

!Literature
L. Palme, A., 1999.


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