Germany's Scholz fires his finance minister as his coalition collapses

  • 📰 SooToday
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 85%

United States News News

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

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.

BERLIN — 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.

Lindner, from the pro-business Free Democrats, had rejected tax increases or changes to Germany’s strict self-imposed limits on running up debt. Scholz’s Social Democrats and the environmental Greens, who are also part of the coalition, wanted to see massive state investment and rejected the Free Democrats' proposals to cut welfare programs.

Scholz said about Lindner that “he has broken my trust too often. He even unilaterally canceled the agreement on the budget. After we had already agreed on it in long negotiations. There is no basis of trust for further cooperation. Serious government work is not possible like this.” Scholz’s center-left Social Democrats, Vice Chancellor Robert Habeck’s environmentalist, left-leaning Greens and Lindner’s pro-business Free Democrats — a party that in recent decades has mostly allied with conservatives — set out in 2021 to form an ambitious, progressive coalition straddling ideological divisions that would modernize Germany.

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:

 /  🏆 8. 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.

Germany's Scholz fires his finance minister in a blow to the ruling coalitionBERLIN (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.
Source: SooToday - 🏆 8. / 85 Read more »

German Chancellor Olaf Scholz fires his finance minister in a blow to the ruling coalitionScholz announced the move following weeks of disputes among the coalition partners over ways to boost the country’s ailing economy
Source: globeandmail - 🏆 5. / 92 Read more »