Maria Schaumayer | Settled Nazi claims, 82

Posted: January 26, 2013

Maria Schaumayer, 82, the Austrian Central Bank governor who went on to settle claims filed by Nazi slave-labor victims, died Wednesday, Jan. 23, in her Vienna apartment. The coroner's office gave no cause of death.

Ms. Schaumayer was the first woman to lead a central bank in Europe, heading the Austrian institution from 1990 to 1995. After leaving the bank, she led the Austrian government's negotiations to compensate Nazi slave-labor victims. The government agreed in 2000 to pay out $394.5 million.

Ms. Schaumayer, who began her career as a Vienna city councilwoman, was awarded Austria's Golden Medal of Honor in 2000 for her service to the country. She was an honorary member of the country's National Academy of Science and ran a foundation that helped women enter economics and the sciences. - Bloomberg News

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