Olaf Scholz finally delivers on dynamic promise as firing of Germany’s finance chief blows up his coalition

Olaf Scholz finally delivers on dynamic promise as firing of Germany’s finance chief blows up his coalition

It was a flashy end for the temperamental three-way “traffic light” coalition of Scholz’s Social Democratic Party , Greens and FDP. “But the coalition never made any fundamental changes to its political priorities after the Russian invasion, nor did they come clean with voters about the cost,” said Prof Klaus Schubert, political scientist at the University of Münster. “Instead, the coalition just muddled on.”

Lindner framed his last stand differently, suggesting in his farewell letter to ministry staff that resisting demands for extra borrowing was about “choosing my convictions over my office”. Studiously ignoring the president, and his former ministers, a stony-faced Scholz appointed as interim finance minister Jörg Kukies, a trusted adviser and former Goldman Sachs banker.

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Germany’s coalition stands on a knife edge after Olaf Scholz fires finance ministerChancellor accuses FDP leader Christian Lindner of ‘egotism’, but will wait until January to call snap election
Source: IrishTimes - 🏆 3. / 98 Read more »

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 »