Walter Romberg

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Walter Romberg
Minister of Finance
In office
April 1990 – August 1990
Prime MinisterLothar de Maizière
Preceded byUta Nickel
Succeeded byWerner Skowron
Minister without Portfolio
In office
1989–1990
Prime MinisterHans Modrow
Personal details
Born(1928-12-27)27 December 1928
Social Democratic Party

Walter Romberg (27 December 1928 – 23 May 2014) was a German politician and finance minister of East Germany.[1]

Early life and education

Romberg was born in Schwerin on 27 December 1928.[2] From 1947 he studied physics and mathematics.[2] He held a Dr. rer. nat. in mathematics.[3]

Career

He worked at the East German Academy of Sciences.

Zentralblatt MATH from 1965 to 1978.[3]

Romberg became a member of the

West German mark the sole legal currency in both nations by 2 July 1990.[9]

Romberg was removed from office on 15 August 1990 due to his support for the challenging clauses in a political unification treaty governing the allocation of tax revenues. He also angered the West German officials with his continuous demands for more cash help to bail out the weak East German industries and to finance welfare payments.[6] The other reason for his removal was related to the East Germany's rapidly deteriorating economic status.[8] Romberg was also fired due to his warnings about the reunification in terms of its economic burden and his critical and even pessimistic approach towards it.[10][11]

Werner Skowron succeeded Romberg in the post. Following the dismissal of Romberg, SPD left the coalition on 20 August 1990, and called it unconstitutional.[12][13] Until 1994 Romberg served at the European Parliament.[4]

Views

In 1991, after unification, Romberg stated in a conference held at Humboldt University that the West German leadership did not comprehend the huge differences between two countries' economic patterns.[10]

Later years and personal life

Romberg was married and had three sons.[2] In 1997 he moved to Teltow with his wife.[2] He died there on 23 May 2014 and was buried in his hometown Schwerin.[2][4]

References

  1. ^ Carol Diane St Louis (2011). Negotiating Change: Approaches to and the Distributional Implications of Social Welfare and Economic Reform (PhD thesis). Stanford University. p. 170. STANFORD:RW793BX2256.
  2. ^ a b c d e "Abschied von Walter Romberg". Märkische Allgemeine (in German). 8 June 2014. Retrieved 9 April 2022.
  3. ^ a b "Romberg, Walter". Biographische Datenbanken (in German). Retrieved 5 July 2021.
  4. ^ a b c "Walter Romberg gestorben". nd aktuell (in German). 30 May 2014. Retrieved 9 April 2022.
  5. ^ .
  6. ^ a b Ray Moseley (16 August 1990). "Cabinet Shakeup in E. Germany". Chicago Tribune. East Berlin. Retrieved 12 September 2012.
  7. ^ "East Germany's foreign minister quits". Daily News. 21 August 1990. Retrieved 12 September 2012.
  8. ^ a b Tyler Marshall (16 August 1990). "Two ministers are fired and two resign. The moves could raise tensions in a multi-party coalition as merger with Bonn nears". Los Angeles Times. East Berlin. Retrieved 12 September 2012.
  9. ^ Ferdinand Protzman (19 May 1990). "Evolution in Europe; Germanys Sign Pact Binding Economies". The New York Times.
  10. ^ .
  11. .
  12. .
  13. ^ Tyler Marshall (20 August 1990). "Shaky Coalition Regime Folds in E. Germany". Los Angeles Times. East Berlin. Retrieved 12 September 2012.

External links