Theo Waigel

Theodor " Theo" Waigel ( born April 22, 1939 in top tube, community Ursberg ) is a German politician ( CSU). He was from 1989 to 1998 Federal Minister of Finance and from 1988 to 1999 CSU chairman.

Theo Waigel was elected at the party on 18 July 2009 Honorary Chairman of the CSU.

Life and career

Waigel was born in 1939 the son of a bricklayer foreman and part-time farmer in top tube near Krumbach. After graduating from the Simpert - Kraemer -Gymnasium in the Swabian town of Krumbach Waigel took in 1959 to study law and political science in Munich and later in Würzburg, which he finished in 1963 with the first legal state exam. In 1967 was the second state examination as well as his Doctorate in Law. with the work of the constitutional order of the German in particular the Bavarian agriculture. After working as a junior barrister at the Public Prosecutor at the Regional Court Munich I Waigel joined in 1969 as Personal Assistant to the State Secretary in the Bavarian State Ministry of Finance. From 1970 to 1972 he took the same function true at the Bavarian State Minister for Economy and Transport.

After his political activity Waigel moved, inter alia, to Deutsche Vermögensberatung AG (DVAG ) and EnBW as a member of the Advisory Board. He is also a consultant for the venture capital firm Texas Pacific Group and the PR consultancy Brunswick Group operates. From 1999 to 2002, so even during his time as a member of the Bundestag, he had a consulting contract with the media tycoon Leo Kirch.

In the six-part television play The affair Semmeling by Dieter Wedel he has in his capacity as finance minister two cameo appearances.

Since 2005 he is also Chairman of the gaming machine manufacturer Löwen Entertainment formerly NSM - Löwen Entertainment GmbH Supervisory Board.

On behalf of the U.S. Department of Justice Waigel was in January 2009 Anti -Corruption Officer ( Compliance Monitor ) when technology group Siemens. As such, he reported, among others, the Ministry of Justice of the United States and the U.S. Securities and Exchange Commission. In the U.S., this monitoring is the compliance processes a company typically part of the settlement of criminal charges. To undertake a monitor was an edition of the U.S. Department of Justice ( DOJ) and the Securities and Exchange Commission (SEC) as part of the settlement of proceedings against Siemens. For fall 2012 Waigel has announced its withdrawal from the post.

The patronage of the first Alpine Ski World of the Deaf in Nesselwang im Allgäu from February 23 to March 2, 2013 has taken over with his wife Irene Epple Waigel Waigel.

Waigel is Catholic. In his first marriage he was married from 1966 to 1993 with a diploma in economics Karin Waigel, with whom he has two children. In his second marriage he is married to the former alpine skier Irene Epple Waigel since 1994 and has a child with her.

Waigel has been a lawyer in the same Munich law firm as his son Christian as so-called Waigel Of Counsel. His son Christian is also Honorary Consul of the Principality of Liechtenstein.


Waigel is a member of the CSU since 1960. From 1971 to 1975 he was state chairman of the Junge Union in Bavaria. From 1973 to 1988 he was also Chairman of the Policy Commission of the CSU. He was from 1970 a member of the CSU Board and since 1983 the Board of the CSU. 1987/88 he was chairman of the CSU district of Swabia. From November 1988 to January 1999 he was then chairman of the CSU. After the CSU in the general election in 1998 was 47.7 % of the vote in Bavaria, and thus remained below the target choice 50 x, the former Bavarian Prime Minister Edmund Stoiber was his successor as party chairman.

On April 4, 2009 Waigel was proposed in view of its merits for Germany and Europe from the CSU Board for the second honorary chairman alongside Edmund Stoiber and elected at the party on 18 July 2009 Honorary Chairman of the CSU.

On August 8, 2013, the CSU announced that Waigel developed a ' Code of Conduct for CSU politician ' on behalf of the CSU. In December 2013 Waigel created this before.

Member of Parliament

From 1966 to 1972 he was a member of the council of Krumbach, 1972 to 2002 Member of the German Bundestag. Where he held from 1978 to 1980, the function of the chairman of the CDU / CSU Parliamentary Group in the Committee of Economy. From December 1980 to October 1982 was Waigel Chairman of the working group economy and economic policy spokesman of the CDU / CSU parliamentary group. In October 1982, he was appointed Chairman of the CSU group in the Bundestag, and therefore with the same First Deputy Chairman of the CDU / CSU parliamentary group. In April 1989, he resigned these offices. Waigel was last (14th Term) with 54.8 % of votes directly elected representative of the constituency of Neu-Ulm.

Public offices

In a cabinet reshuffle, he was appointed on 21 April 1989, led by Chancellor Helmut Kohl Federal Government in the Office of the Federal Minister of Finance, where he was responsible for the Ausverhandlung and implementation of monetary, economic and social union. After the 1998 election, he resigned from the government on 26 October 1998.

The term " Euro " for the common European currency goes back to one of Waigel in December 1995 introduced the European Council proposal, so it is often referred to as the " named for the euro."


  • Cabinet Kohl III - Cabinet Kohl IV - Cabinet Kohl V


  • 2009 British - German Community Medal of the British Chamber of Commerce in Germany
  • 1997 Medal for Combating Deadly Seriousness of the Aachen carnival association
  • 1997 Dinosaur 1997 by NABU

Waigel received, among others, the following awards: Great Federal Cross of Merit (1984 ), with Stern (1988 ) and Sash (1996 ), the Bavarian Order of Merit, honorary doctorate from the University of South Carolina and Commander of the French Legion of Honour.