CashNews.co Germany’s three-party governing coalition collapsed on Nov. 6 after German Chancellor Olaf Scholz announced that he had dismissed Finance Minister Christian Lindner. The decision to fire Lindner over economic disagreements will likely propel the country into a snap election in the near term, as it is unlikely that Scholz’s Social Democratic Party (SDP) will […]
CashNews.co Germany’s ruling coalition collapsed after the chancellor, Olaf Scholz, sacked his finance minister and paved the way for a snap election – triggering political chaos in Europe’s largest economy just hours after Donald Trump won the US presidential election. Christian Lindner, the sacked minister, said: ‘The chancellor gave me an ultimatum to suspend the […]
CashNews.co German Chancellor Olaf Scholz has fired Finance Minister Christian Lindner, the head of a party that is part of Berlin’s three-party coalition. The decision strips the ruling traffic light coalition of its majority, and raises the possibility of an early election. In a press conference Wednesday, Scholz sharply criticized Lindner and said that he […]
CashNews.co BERLIN (AP) — Germany’s center-left Chancellor Olaf Scholz announced Wednesday he was firing Finance Minister Christian Lindner, signaling the collapse of the ruling three-party coalition that relied on Lindner’s pro-business party. Scholz announced the move at a news conference following weeks of disputes among the coalition partners over ways to boost the country’s ailing economy. He said he […]
CashNews.co Shutterstock Finance Minister Christian Lindner (L) and Chancellor Olaf Scholz had reportedly been at loggerheads in recent weeks Germany’s governing coalition has collapsed after Chancellor Olaf Scholz fired a key minister and said he would call a vote of confidence in his government early next year. The chancellor said he had no trust in […]
CashNews.co German Chancellor Olaf Scholz gives a statement after a meeting with government leaders in Berlin, Wednesday. Markus Schreiber/AP hide caption toggle caption Markus Schreiber/AP BERLIN — German Chancellor Olaf Scholz has fired Finance Minister Christian Lindner, paving the way for a confidence vote by parliament on Jan. 15 that is expected to lead to […]
CashNews.co CNN — German Chancellor Olaf Scholz fired his finance minister on Wednesday, leaving the government teetering on the brink of collapse. In a televised address, Scholz said he had dismissed Finance Minister Christian Lindner saying it “was necessary to prevent harm to our country.” The firing came after days of political negotiation between the […]
CashNews.co “He has broken my trust too many times”, the chancellor said of his Finance Minister Christian Lindner. ADVERTISEMENT The ruling German coalition has collapsed: Social Democrat (SPD) Chancellor Olaf Scholz has sacked Finance Minister Christian Lindner of the liberal FDP party. The leaders of what is known in Germany as the “traffic light” coalition […]
CashNews.co German Chancellor Olaf Scholz and Finance Minister Christian Lindner in the Bundestag on June 26, 2024 in Berlin, Germany. Michele Tantussi | Getty Images News | Getty Images Chancellor Olaf Scholz announced Wednesday he had dismissed Finance Minister Christian Lindner, bringing an end to Germany’s ruling coalition after months of political wrangling and raising […]
CashNews.co The German government has collapsed after the chancellor, Olaf Scholz, unexpectedly sacked his finance minister, plunging Europe’s largest economy into political disarray. Christian Lindner was thrown out of the three-way coalition during a meeting of high-level government members on Wednesday evening, after months of bitter infighting that has contributed to the administration’s growing unpopularity. […]