CashNews.co German Chancellor Olaf Scholz fired his finance minister Wednesday because of a budget dispute, collapsing a fragile three-party governing coalition and prompting opposition calls for snap elections. Scholz fired finance minister and Free Democrats Party (FDP) leader Christian Lindner following a lengthy and reportedly contentious meeting to address a shortfall in the nation’s budget. […]
CashNews.co Christian Lindner, leader of Germany’s Free Democratic Party (FDP) and former finance minister. Stock photo: Getty Images Christian Lindner, leader of Germany’s Free Democratic Party (FDP) and former finance minister, has accused Chancellor Olaf Scholz of blocking more effective support for Ukraine following the collapse of the governing coalition. Source: Berliner Zeitung, as reported […]
CashNews.co Germany’s coalition government collapses as Chancellor Scholz fires his finance chief | Georgia Public Broadcasting Skip to main content Read More #cashnews #German #finance
CashNews.co Stay informed with free updates Simply sign up to the German politics myFT Digest — delivered directly to your inbox. German chancellor Olaf Scholz has sacked his liberal finance minister Christian Lindner, plunging the eurozone’s largest economy into political chaos hours after Donald Trump’s victory in the US presidential election. The move, which came […]
CashNews.co During a dramatic meeting of leaders from the three parties on Wednesday evening in the chancellery, Christian Lindner told Olaf Scholz he saw no way of continuing the coalition and urged him to pave the way for snap elections. | John Macdougall/AFP via Getty Images Crisis talks in the coalition of Scholz’s Social Democratic […]
CashNews.co BERLIN (AP) — Germany’s center-left Chancellor Olaf Scholz announced Wednesday he was firing Finance Minister Christian Lindner, which could undermine the ruling three-party coalition that relies 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. […]
CashNews.co Skip next section German Finance Minister Lindner had suggested early elections 11/06/2024November 6, 2024 German Finance Minister Lindner had suggested early elections Minutes before news of Finance Minister Christian Lindner’s dismissal was announced, German media reported that the Free Democrats leader had suggested to his partner Chancellor Scholz to hold elections early next year. […]
CashNews.co Pension reform ideas backed by Germany’s finance minister Christian Lindner and his liberal party FDP are again set to test a fragile government coalition. In a recently tabled programme for a new era of economic growth in Germany, called Economic turnaround in Germanythe finance minister included austerity measures to cut public spending on pensions and […]
CashNews.co Last Friday, Liberal Democrat (FDP) Finance Minister Christian Lindner published an 18-page document calling for an “economic about turn with a partial fundamental revision of key political decisions.” Since then, speculation has been rife that the coalition government of the Social Democrats (SPD), FDP and Greens may be coming to an early end. Federal […]
CashNews.co In a 30-plus-year career in corporate restructuring, consultant Andreas Rüter has seen it all: the dotcom bust, September 11, the global financial meltdown, the euro crisis, Covid-19. But what’s happening right now in corporate Germany is “unprecedented” and “of a completely different order of magnitude”, says Rüter, the country head of AlixPartners. The federal […]