Berliner Boersenzeitung - Horst Koehler, German ex-president and IMF chief, dead at 81

EUR -
AED 4.325935
AFN 82.295246
ALL 97.926243
AMD 452.928874
ANG 2.108041
AOA 1080.157743
ARS 1450.537772
AUD 1.798908
AWG 2.12321
AZN 2.007149
BAM 1.955925
BBD 2.378252
BDT 144.489211
BGN 1.955925
BHD 0.443228
BIF 3509.023701
BMD 1.177925
BND 1.500096
BOB 8.139519
BRL 6.38271
BSD 1.177875
BTN 100.523408
BWP 15.600995
BYN 3.854646
BYR 23087.331819
BZD 2.365951
CAD 1.60298
CDF 3398.314319
CHF 0.935405
CLF 0.028538
CLP 1095.129815
CNY 8.440309
CNH 8.439249
COP 4689.39895
CRC 594.837921
CUC 1.177925
CUP 31.215015
CVE 110.27203
CZK 24.646321
DJF 209.743371
DKK 7.461454
DOP 70.494494
DZD 152.109697
EGP 58.022699
ERN 17.668876
ETB 163.469121
FJD 2.637615
FKP 0.862849
GBP 0.862601
GEL 3.204416
GGP 0.862849
GHS 12.190777
GIP 0.862849
GMD 84.22618
GNF 10215.651249
GTQ 9.056577
GYD 246.42571
HKD 9.24601
HNL 30.773962
HRK 7.536412
HTG 154.649859
HUF 399.203326
IDR 19062.0084
ILS 3.944853
IMP 0.862849
INR 100.708477
IQD 1542.998366
IRR 49620.09495
ISK 142.446936
JEP 0.862849
JMD 188.001985
JOD 0.835195
JPY 170.168995
KES 152.179701
KGS 103.010002
KHR 4732.301685
KMF 492.373101
KPW 1060.132584
KRW 1604.946949
KWD 0.359609
KYD 0.981663
KZT 611.718997
LAK 25381.61808
LBP 105536.527962
LKR 353.392529
LRD 236.165056
LSL 20.719221
LTL 3.478107
LVL 0.712516
LYD 6.344404
MAD 10.572174
MDL 19.841265
MGA 5300.337897
MKD 61.533923
MMK 2473.327031
MNT 4221.285995
MOP 9.523607
MRU 46.74898
MUR 52.948179
MVR 18.14445
MWK 2042.530211
MXN 21.945864
MYR 4.972067
MZN 75.340533
NAD 20.719221
NGN 1802.15516
NIO 43.342763
NOK 11.881146
NPR 160.837253
NZD 1.940089
OMR 0.452069
PAB 1.177875
PEN 4.176666
PGK 4.86531
PHP 66.570482
PKR 334.365716
PLN 4.244948
PYG 9386.598396
QAR 4.304974
RON 5.059075
RSD 117.187471
RUB 92.85592
RWF 1693.207942
SAR 4.415727
SBD 9.820272
SCR 16.592058
SDG 707.348348
SEK 11.264384
SGD 1.500092
SHP 0.925664
SLE 26.444855
SLL 24700.50455
SOS 673.142913
SRD 44.036774
STD 24380.6712
SVC 10.306657
SYP 15315.295503
SZL 20.70332
THB 38.118091
TJS 11.45473
TMT 4.134517
TND 3.431819
TOP 2.758823
TRY 46.91719
TTD 7.988509
TWD 34.086841
TZS 3109.79825
UAH 49.123132
UGX 4225.269361
USD 1.177925
UYU 47.273014
UZS 14790.942924
VES 128.951587
VND 30838.07893
VUV 139.499805
WST 3.053192
XAF 655.99882
XAG 0.031783
XAU 0.000353
XCD 3.183402
XDR 0.815852
XOF 655.99882
XPF 119.331742
YER 285.234989
ZAR 20.734144
ZMK 10602.74357
ZMW 28.533819
ZWL 379.291399
  • CMSC

    0.0900

    22.314

    +0.4%

  • CMSD

    0.0250

    22.285

    +0.11%

  • RBGPF

    0.0000

    69.04

    0%

  • SCS

    0.0400

    10.74

    +0.37%

  • RELX

    0.0300

    53

    +0.06%

  • RIO

    -0.1400

    59.33

    -0.24%

  • GSK

    0.1300

    41.45

    +0.31%

  • NGG

    0.2700

    71.48

    +0.38%

  • BP

    0.1750

    30.4

    +0.58%

  • BTI

    0.7150

    48.215

    +1.48%

  • BCC

    0.7900

    91.02

    +0.87%

  • JRI

    0.0200

    13.13

    +0.15%

  • VOD

    0.0100

    9.85

    +0.1%

  • BCE

    -0.0600

    22.445

    -0.27%

  • RYCEF

    0.1000

    12

    +0.83%

  • AZN

    -0.1200

    73.71

    -0.16%

Horst Koehler, German ex-president and IMF chief, dead at 81
Horst Koehler, German ex-president and IMF chief, dead at 81 / Photo: John MACDOUGALL - AFP/File

Horst Koehler, German ex-president and IMF chief, dead at 81

Germany's former president Horst Koehler, who also once headed the International Monetary Fund and was a strong backer of Africa, died Saturday aged 81 after a brief illness.

Text size:

Koehler, head of state from 2004 to 2010, passed away in Berlin in the early hours, surrounded by his family, the Germany presidency announced.

President Frank-Walter Steinmeier led tributes to Koehler, saying that Germany had "lost a highly esteemed and extremely popular person who achieved great things –- for our country and in the world".

In a post on X, Chancellor Olaf Scholz hailed Koehler as a "committed politician who worked throughout his life for a fairer world".

An economist by training, he was the first German head of state who was not a career politician.

Before becoming president he was the head of the IMF in Washington from 2000 to 2004, and also held other roles in the civil service and banking.

He became Germany's head of state, a mostly ceremonial role, after being put forward by then opposition leader Angela Merkel, who went on to become chancellor.

Steinmeier said that when he was elected, the member of the centre-right CDU party was "virtually unknown".

Top-selling tabloid Bild memorably marked the news that he was seeking the presidency with the headline "Horst who?"

But the plain-speaking, unconventional politician quickly became popular in particular due to his criticism of big salaries earned by executives and the workings of the financial markets.

He was elected for a second term in 2009.

But in May the following year he stunned the country by abruptly resigning over remarks in an interview where he appeared to link Germany's military deployment in Afghanistan with defending economic interests.

The comments sparked controversy as there is still great sensitivity in Germany about overseas military missions due to painful memories of the Nazi era.

- 'Outstanding service' -

In his speeches, Koehler frequently emphasised the importance of believing in the strength of Germany and in the energy and creativity of its people.

The married father of two promoted Germany as a "land of ideas" that would shape its own future and act as a force for good in the world.

When it came to foreign policy, Koehler had a strong focus on Africa and visited the continent many times.

"He never tired of pointing out the importance and potential of the African continent for global development," wrote Sven Behnke, the head of the ex-president's office, on Saturday.

"For him, engaging with Africa seemed not only wise and forward-looking, but also ethically imperative."

Before becoming president, he was a key economic official in the 1980s and '90s when chancellor Helmut Kohl was in power.

He played a central role in Germany's monetary unification in 1990 -- when the former East Germany adopted the West German mark.

He also helped prepare for the introduction of the euro.

He was born in 1943 to German parents in German-occupied Poland. He spent his early years living in refugee camps until his family settled in Ludwigsburg, in the state of Baden-Wuerttemberg.

After leaving the presidency, Koehler was the United Nations' envoy to Western Sahara from 2017 to 2019, leading UN efforts to end the decades-old conflict between Morocco and the Algerian-backed Polisario Front.

He was also a member of a panel set up by then UN secretary general Ban Ki-moon in 2012 to advise on the global development agenda beyond 2015.

Merkel, who was chancellor from 2005 to 2021, praised Koehler's "cheerful, optimistic and fearless" attitude.

He "has rendered outstanding services to Germany," she said in a statement.

(G.Gruner--BBZ)