Tag: German government

German ruling coalition agrees on major reform package

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German ruling coalition agrees on major reform package

German Chancellor and leader of the Christian Democratic Union (CDU) Friedrich Merz, Finance Minister and co-leader of the Social Democratic Party (SPD) Lars Klingbeil, Labour and Social Affairs Minister and SPD co-leader Baerbel Bas, and Christian Social Union (CSU) leader and Bavarian State Premier Markus Soeder attend a press conference following a government coalition board…

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 Political instability, economic woes stare at Germany 

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 Political instability, economic woes stare at Germany 

On the day the U.S. elected Donald Trump as its 47th President, Germany’s ruling coalition of the centre-left Social Democrats (SPD), environmentalist Greens, and neo-liberal Free Democrats (FDP) dissolved after three years. Chancellor Olaf Scholz sacked the Finance Minister Christian Lindner late in the evening on November 6 over budget-related disagreements that have riddled this…

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