German chancellor fires finance minister, leaving government teetering on brink of collapse

  • 📰 cnnbrk
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 55%

United States News News

United States United States Latest News,United States United States Headlines

“After the US elections we need to show we can be relied on,” Chancellor Olaf Scholz said, adding that “great financial room for maneuver” is needed given the challenges that Germany faces.

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 Scholz, Lindner, and Robert Habeck of the Green party, who is both the vice-chancellor and the economics minister.

” It had been described in German media as the coalition’s divorce papers, as its tone and contents appear distinctly at odds with the positions of his government partners. Scholz told the press conference Wednesday that “Lindner showed no willingness to implement any of our proposals” and, therefore, “there is no trust basis for any future cooperation” with the outgoing finance minister.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 393. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

German Chancellor Olaf Scholz fires Finance Minister Christian Lindner, leaving ruling coalition in disarrayThe three-year-old union between Scholz’s Social Democratic Party (SPD), the Greens and Lindner’s Free Democratic Party (FDP) has been on shaky…
Source: NBCDFW - 🏆 288. / 63 Read more »

German Chancellor Scholz sacks finance minister over budget dispute, sources sayGerman Chancellor Scholz sacks finance minister over budget dispute, sources say
Source: Investingcom - 🏆 450. / 53 Read more »