This project has received funding from the European Research Council under the European Union’s Horizon 2020 research and innovation programme
(Grant Agreement n. 669194)
Deputy Minister - Ministry of Finance (1968-1990)
As Deputy Minister of Finance, Herta König had first-hand knowledge of the financial situation of the GDR. During the years of the debt crisis, she worked in close collaboration with Alexander Schalck-Golodkowski on the balance of payments. In spring 1982 she shared the conviction of Werner Polze and Gerhard Schürer that negotiations on debt conversion were unavoidable.
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Alexander Schalck-Golodkowski was the most enigmatic figure of the East German economic elite. As the founding father and head of the Commercial Coordination division (Bereich Kommerzielle Koordinierung or KoKo), he presided over a sector that... |
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As Minister of Finance Siegfried Böhm was among the first who warned about the potential consequences of growing indebtedness to the West. He was a member of the Working Group Balance of Payments. At the end of the 1970s, Böhm was am... |
