Hannes Androsch, a prominent figure in Austrian politics and business, has passed away at the age of 87. Known for his influential role as Finance Minister under Chancellor Bruno Kreisky, Androsch was a key architect of Austria's economic modernization in the 1970s.

His career was marked by significant contributions to social reform and economic policy, helping transform Austria into a modern industrial state.

Despite a later fallout with Kreisky, Androsch remained a respected figure, transitioning into a successful business career.

His death has prompted tributes from across the political spectrum, with leaders highlighting his vision and impact on Austria's development.

Androsch's legacy as a reformer and advocate for education and research continues to resonate in Austrian society.