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Horst Koehler, former German president and IMF chief, dies at 81

Horst Koehler, former German president and IMF chief, dies at 81



Horst Koehler, Germany’s president from 2004 to 2010 and a revered world policymaker with a specific curiosity in Africa, died on Saturday on the age of 81 after a brief sickness, the federal presidential workplace stated in a press release.

Born in 1943 in German-occupied Poland, Koehler spent most of his early years residing in refugee camps together with his household earlier than settling in Ludwigsburg, Baden-Wuerttemberg.

A educated economist and member of the Christian Democrats, Koehler rose to the place of deputy finance minister throughout the tenure of Chancellor Helmut Kohl, enjoying a key function in bringing the West German mark to East Germany after communist rule collapsed in 1990.

Koehler turned managing director of the International Monetary Fund in 2000, a put up he held for 4 years earlier than being nominated for president in 2004.

As president, he was not afraid to defy the federal government, dissolving parliament in 2005 to name new elections and accusing then-Chancellor Angela Merkel in 2007 of not getting ready the nation sufficiently for globalization.

But he stepped down a yr into his second time period after he was criticized for stating in a radio interview that overseas army motion by the German military additionally served the nation’s financial pursuits.

Still, regardless of being a largely unknown determine earlier than assuming the presidency, Koehler rapidly proved himself in opinion polls to be considered one of Germany’s hottest political figures.

“It was his perception within the energy of our nation and within the vitality and creativity of its those who allowed him to win so many hearts,” German President Frank-Walter Steinmeier stated in a press release on Saturday.

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Written by EGN NEWS DESK

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