US embassy cable - 05VIENNA3417

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Parliament Approves Future Fund Law

Identifier: 05VIENNA3417
Wikileaks: View 05VIENNA3417 at Wikileaks.org
Origin: Embassy Vienna
Created: 2005-10-20 12:55:00
Classification: UNCLASSIFIED
Tags: KNAR PHUM PGOV AU
Redacted: This cable was not redacted by Wikileaks.
This record is a partial extract of the original cable. The full text of the original cable is not available.

UNCLAS VIENNA 003417 
 
SIPDIS 
 
STATE FOR EUR/OHI AND EUR/AGS (VIKMANIS-KELLER) 
 
E.O. 12958: N/A 
TAGS: KNAR, PHUM, PGOV, AU 
SUBJECT: Parliament Approves Future Fund Law 
 
REF:  Vienna 3026 and previous 
 
1.  On October 19, the Austrian Parliament approved the 
Law on the Future Fund and the Scholarship Foundation, 
which will disburse part of the surplus of the 
Reconciliation Fund for Nazi-era forced and slave 
laborers.  However, according to MFA sources, the GoA 
postponed action on the GSF amendment pending resolution 
of the Whiteman suit. 
 
2.  The governing coalition parties, the People's Party 
(OVP) and BZOE (Alliance Future Austria) voted for the 
law, which establishes endowments of 25 million euros for 
the Scholarship Foundation for youth from Eastern Europe, 
as well as 20 million euros for the Future Fund to 
finance projects to address past injustices committed 
under "totalitarian regimes and tyranny."  Opposition 
Social Democrats and Greens voted against the measure on 
the grounds that the bill excluded Parliament from the 
process of appointing the management of the Fund and the 
Foundation.  The opposition also criticized the goal of 
the Future Fund, saying that it diluted the original 
purpose of the Reconciliation Fund (to address injustices 
committed under National Socialism). 
 
VAN VOORST 

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