• Germany edition
 
Steinbrück pressured over law firm payments
Photo: DPA

Steinbrück pressured over law firm payments

Published: 29 Dec 2012 09:00 GMT+01:00
Updated: 29 Dec 2012 09:00 GMT+01:00

Steinbrück was Angela Merkel's finance minister from 2005 to 2009, when he helped to engineer Germany's bank bailout during the global financial crisis.

During his tenure, the finance ministry paid exactly €1,831,397.38 in consultancy fees to the law firm Freshfields Bruckhaus Deringer, who helped Steinbrück put together the bank bailout law, the Bild newspaper reported.

In October, the same paper revealed that Steinbrück had given a speech to the firm in 2011, when he received a fee of €15,000.

Earlier this year, the politically conservative Springer publishing house, which owns Bild, had sued the ministry to reveal the precise figures paid to the law firm. The ministry had initially refused to reveal the exact payments on the grounds that they formed part of the firm's business secrets.

The revelations could spark a debate on the extent to which ministries should use private companies to help draw up legislation.

Steinbrück came under pressure earlier this year after it was revealed that he had earned €1.25 million on the lecture circuit since leaving the cabinet, on top of his duties as an MP.

The Local/bk

The Local (news@thelocal.de)

Your comments about this article

10:47 December 29, 2012 by Englishted
Why on earth the S.P.D. picked on this turncoat to run is something I just don't understand .

As if he will have any grasp of what the workers and "normal "people living in Germany are going through and hoping for in the near future.

Champagne socialists who wants or needs them ,the U.K. had them for years as new labour and the gap between rich and poor increased .

We need a party leader who unites the whole country and will bring a little more equality into the equation.This is not the man.
12:03 December 29, 2012 by McM
This will go down well with the world owes me a free lunch club at the SPD the Green against everything parisites.
12:30 December 29, 2012 by realist1961
Makes you wonder what sort of skeletons Steinmeier and Gabriel have in their closet if Steinbrück was the better choice of the three.
18:22 December 29, 2012 by Berlin fuer alles
Nice gravy train. Totally out of sync with the economic austerity being imposed on 99% of Germans and the rest of the Eurozone for that matter.
Today's headlines
Germany plan air lifts to help fight Ebola
A Liberian man holds his daughter as they wait for treatment for suspected Ebola symptoms in Monrovia. Photo: DPA

Germany plan air lifts to help fight Ebola

Germany and France will send military transport planes to West Africa to help efforts to contain the Ebola epidemic, Chancellor Angela Merkel and military officials said on Friday. READ  

Germany beefs up asylum rules for Balkans

Germany beefs up asylum rules for Balkans

Germany made it harder Friday for people from Bosnia-Herzegovina, Macedonia and Serbia to apply for asylum after lawmakers classified the three Balkan countries as safe, with respect for basic rights. READ  

German Muslims rally against extremism
Muslims pray in Kreuzberg, Berlin, on Friday outside a mosque which was damaged in an arson attack. Photo: DPA

German Muslims rally against extremism

Muslims across Germany held a day of prayers and rallies on Friday to condemn both Islamic extremism and a backlash against their faith that has seen arson attacks on mosques. READ  

German military flight to Iraq starts with a hiccup
The trainers on the air strip in Hohn, Schleswig-Holstein. Photo: Bundeswehr.

German military flight to Iraq starts with a hiccup

Military trainers flew to northern Iraq from Germany on Friday, ahead of a huge delivery of weapons from the German military, but things didn’t initially go as planned. READ  

Munich gets four Euro 2020 matches
Photo: DPA

Munich gets four Euro 2020 matches

UPDATE: Munich will play host to four Euro 2020 games, European football’s governing body Uefa announced in Geneva on Friday, but London was the real winner. READ  

Driver, 18, ploughs into school pupils
The scene by the bus stop outside the school in Diepholz. Photo: DPA

Driver, 18, ploughs into school pupils

An 18-year-old drove into a group of students outside a school in western Germany on Friday morning, injuring several. READ  

View from Germany
'In a globalized world we don't need more loners'
'No' campaign supporters celebrate in Edinburgh after the results were announced. Photo: DPA

'In a globalized world we don't need more loners'

UPDATE: The German government welcomed the result of the Scottish independence referendum on Friday, with Foreign Minister Frank-Walter Steinmeier calling it the "right decision". READ  

Oktoberfest 2014
Your guide to Munich Oktoberfest's beer
Photo: DPA

Your guide to Munich Oktoberfest's beer

The Local's Oktoberfest guide chugs some of the Bavarian tipple fueling this whole shindig. READ  

Berlin squat ripped apart by fire
Kreuzberg's Cuvrybrache. Photo: DPA

Berlin squat ripped apart by fire

UPDATE: One of Berlin’s biggest squats was torn apart by a fire on Thursday night following an argument. READ  

Sterilized woman gets pregnant, sues doctors
Photo: DPA

Sterilized woman gets pregnant, sues doctors

A woman who gave birth after becoming sterilized has tried and failed to sue the hospital which carried out the operation. READ  

RECEIVE OUR NEWSLETTER AND ALERTS
Photo: DPA
Culture
Your guide to Munich Oktoberfest's tents
Photo: DPA
Hamburg
Drunk teachers ruin school trip to Hamburg
Marks & Spencer
Sponsored Article
Fashion Ladies of the Local: Win a New Autumn Look
Photo: DPA
Gallery
Oktoberfest 2014: The best and worst in dirndl fashion
Photo: Shutterstock
Gallery
Ten German words you'll never want to hear again
Photo: DPA
Education
German universities tumble in global rankings
Photo: Shutterstock
Business & Money
The three types of firms hiring foreigners
Photo: DPA
Berlin
Frisky couple shock Berlin commuters
Sponsored Article
Bilingual education from nursery to graduation at Phorms
Photo: DPA
Business & Money
JobTalk: All you need to know about working in Germany
National
Share news tips with The Local Germany
Latest news from The Local in Austria

More news from Austria at thelocal.at

Latest news from The Local in Switzerland

More news from Switzerland at thelocal.ch

Latest news from The Local in Denmark

More news from Denmark at thelocal.dk

Latest news from The Local in Spain

More news from Spain at thelocal.es

Latest news from The Local in France

More news from France at thelocal.fr

Latest news from The Local in Italy

More news from Italy at thelocal.it

Latest news from The Local in Norway

More news from Norway at thelocal.no

Latest news from The Local in Sweden

More news from Sweden at thelocal.se

3,373
jobs available
Toytown Germany
Germany's English-speaking crowd