Mag. Andreas Schieder

State Secretary at the Austrian Federal Ministry of Finance
DSC_3797As State Secretary of the Austrian Federal Ministry of Finance, Andreas Schieder is actively contributing to Euro crisis management both domestically and in EU institutions. Hence, Mr Schieder’s journey through fiscal policy-making proved extremely rewarding, as the audience gained intriguing first-hand insights.

All in all, Mr Schieder drew an optimistic picture of the Economic and Monetary Union and business opportunities therein. He is aware that structural reform beyond mere austerity measures in the crisis-ridden countries but also in the EU as such is indispensable, and therefore expressed his desire for deeper economic and especially political integration in Europe. The latter requires more democratic scrutiny and the ability to translate the tangible consequences for taxpayers to one’s domestic constituency. Mr Schieder, a trained economist, advocated a single supervision mechanism for the banking sector to avoid systemic risk. Moreover, he voiced his concern with respect to blocked debates on Eurobonds (shared responsibility) and dramatically rising youth unemployment in several member-states. In spite of all the problems, Andreas Schieder stressed the advantages of Eurozone. This could be demonstrated, he argued,  by the example of Austria’s previous currency, the Schilling, which would have been destroyed by attacks of speculators, if the country had not joined the Eurozone in the first place.



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LATEST NEWS

Congratulations to the Class of 2019

On June 28 we were pleased to welcome numerous families and friends to the Lauder Business School campus for a graduation celebration. In his welcome address our Executive Director Alexander Zirkler congratulated the graduates and introduced our Guest of Honor, the US Ambassador to Austria – his Excellency Trevor D. Traina.

Fireplace Talk with the CEO of Austrian Airlines

On June 19 we were delighted to host the CEO of Austrian Airlines, Dr. Alexis von Hoensbroech, in the Lauder Business School ball room. He delivered an inspiring fireplace talk about his career path, the aviation industry in general, and the Austrian Airlines company structure and strategy.

Cooperation Agreement with the City of Vienna

Lauder Business School signed a cooperation agreement with the City of Vienna together with 22 other Universities and Universities of Applied Sciences located in Vienna. On May 14, 2019, Mayor Michael Ludwig signed a cooperation agreement with the Viennese higher education institutions in the City Hall, together with rectors, directors and board members of 23 universities, colleges and universities of applied sciences.

Researching Innovation in Austria

Christian Reiner, senior researcher at LBS, has co-authored the “Austrian Research and Technology Report 2019”. This annual report has been published by three Austrian ministries and written by external experts from applied research institutes and universities. Given the importance of the report for the wider public, it is an honour to contribute to this official publication.

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