Peer Steinbrück (born 10 January 1947) is a German politician who was the Chancellor-candidate of the Social Democratic Party (SPD) in the 2013 federal election. Steinbrück served as the eighth Minister-President of North Rhine-Westphalia from 2002 to 2005, a member of the Bundestag from 2009 to 2016, and as Federal Minister of Finance in the first Cabinet of Chancellor Angela Merkel from 2005 to 2009. A graduate of the University of Kiel, Steinbrück began his political career in the office of Chancellor Helmut Schmidt and became chief of staff to Minister-President of North Rhine-Westphalia, Johannes Rau, in 1986. Steinbrück served as a state minister in both Schleswig-Holstein and North Rhine-Westphalia and succeeded Wolfgang Clement as Minister-President of North Rhine-Westphalia in 2002. Governing in an SPD-Green coalition, Steinbrück's tenure was noted for its attempt to reduce tax breaks and coal subsidies. In the 2005 state election, Steinbrück's SPD lost to the Christian Democratic Union (CDU) opposition led by Jürgen Rüttgers, thus marking the end of Steinbrück's tenure as Minister-President. More information...
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