News Formal

Germany’s coalition stands on a knife edge after Olaf Scholz fires finance minister

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 38 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 98%

Germany News

Olaf-Scholz

Chancellor accuses FDP leader Christian Lindner of ‘egotism’, but will wait until January to call snap election

Germany’s coalition stands on a knife edge after Olaf Scholz fires finance ministerTrumpian vibe as Kemi Badenoch faces Keir Starmer in House of Commons

It follows a months-long standoff between Berlin’s three-way coalition over how to bridge a multibillion gap in the 2025 budget. Amid a continuing recession, Mr Lindner’s FDP-controlled finance ministry demanded austerity measures, tax cuts and an end to costly climate policies. The SPD backed Green proposals for debt-finance borrowing, stimulus measures and looser deficit rules.

The rupture laid bare, one last time, the fundamental ideological incompatibility of the three parties. For weeks, senior coalition officials admitted their respective ministers were no longer communicating, let alone governing. Concentrating minds on Wednesday evening was a new survey spelling out the cost of breaking up the coalition prematurely.

 

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

 /  🏆 3. in US

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.

Germany’s Scholz faces wrath of business leaders against grim economic backdropChancellor under pressure amid sluggish economy and opposition leader’s popularity
Source: IrishTimes - 🏆 3. / 98 Read more »