Otto Stich

Otto Stich , Swiss politician , was born the January 10th 1927 with Dornach (Canton of Soleure). It was federal adviser of 1984 with 1995, member of the Swiss Socialist party.

Studies and professional path

  • It makes its studies with Dornach and obtains its commercial maturity with Basle.
  • He becomes Master of commercial branches in 1953 and science doctor economic in 1955.
  • He becomes personnel manager of the group Coop in 1971.

President of the commune of Dornach

Federal adviser

  • Specialist in the financial questions, it is elected with the Federal council in 1983 by the majority from the right, against the socialist official candidate Lilian Uchtenhagen. Its relationships to its party are difficult initially. The Socialists decide nevertheless at the time of a congress in February 1984 to remain with the government.

Minister for Finance

  • Stich directs the department of finances throughout all its mandate.
  • In February 1984, the royalty on the Heavy truck S and the label are accepted. *La cantonal share with the product of the excise taxes is removed in June 1985 just as the new distribution of the receipts of the imposition of distilled beverages is accepted.
  • the federal law concerning the increase in the rights of Douane on the Carburant S finds the approval of the people in March 1993.
  • the new mode of federal finances is accepted in December 1993 with the introduction of VAT.
  • Switzerland adheres to the institutions Bretton Woods (the World Bank and Fonds international currency) following a popular voting in May 1992.
  • Stich is confronted with the financial problems of the Confederation. He is opposed to Adolf Ogi about the construction of two tunnels through the the Alps. Only one is enough according to him.
  • Its management of the pension fund of the Confederation is criticized and its adversaries ask for the creation of a board of inquiry which will not be born.
  • It resigns with effect with the October 31st 1995, whereas the legislature was about to come to a end. This tactical operation supports the Socialists who manage to garner nice successes at the time of the elections of October 1995.

  • Its knowledge of public finances was immense. One day, whereas it was to go to the Parliament, it had forgotten its specimen of the budget at its office of the Bernerhof . When one proposed to him to go to seek it, he answered: " Not necessary, I know it by heart! "

President

He is president of the Confederation in 1988 and 1994. He receives the president of the Portugal Mario Soares in 1988 and that of Poland, Lech Wałęsa, in 1994. He receives with Geneva the presidents Hafez el-Assad and Bill Clinton. He represents Switzerland with the ceremonies which mark the end of the Apartheid in South Africa.

The retirement

  • the come retirement, it publishes articles of newspapers and does not hesitate to take its distances with the government. It left the memory of a tough and even obstinate manager.

External bonds

  • Information and photo

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