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Chancellor Olaf Scholz's - 3 Christian Lindner - 2 Sean Gallup - 2 Scholz - 2 Lindner - 2 it's - 2 — - 2 Robert Habeck - 1
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Chancellor Olaf Scholz's Social Democratic Party - 3 Getty - 2 SPD - 2 Free Democratic Party - 2 European Union - 2 Service - 2 Business - 2 Climate - 1

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☆ Germany's government is on the brink of collapse — here’s what could happen now
  + stars: | 2024-11-04 | by ( Sophie Kiderlin | In | ) www.cnbc.com   time to read: +4 min
Holger Schmieding, chief economist at Berenberg, noted that the three coalition partners have been acting "as if they were preparing to campaign against each other soon." Separately, the Green party's Robert Habeck, who is Germany's economy minister, proposed a policy plan to stimulate business investment that was criticized by the FDP. The Lindner paperAnother escalation took place on Friday, when Finance Minister Christian Lindner published a paper about reviving the struggling German economy. "The paper reads like a serious attempt to analyze Germany's problems and propose solutions. A hotly contested budgetA recent key issue within the coalition has been Germany's budget for 2025 — a topic that also features heavily in Lindner's paper.
Persons: Christian Lindner, Robert Habeck, Olaf Scholz, Sean Gallup, Chancellor Olaf Scholz's, Carsten Brzeski, Holger Schmieding, Scholz, Lindner, Greg Fuzesi, Morgan, Fuzesi, Berenberg's Schmieding Organizations: Climate, Bundestag, Getty, Chancellor Olaf Scholz's Social Democratic Party, SPD, Greens, Free Democratic Party, ING, FDP, Green, ZDF Locations: Berlin, Germany
☆ German finance minister warns of retaliation if U.S. kicks off trade war
  + stars: | 2024-10-25 | by ( Sophie Kiderlin | In | ) www.cnbc.com   time to read: +2 min
German Finance Minister Christian Lindner on Friday warned that if the U.S. kicked off a trade war with the European Union, there could be retaliation. Trade is one of the main pillars of the German economy, suggesting heightened tensions, uncertainty and tariffs would hit the country harder than others. Trade tensions between the U.S. and China, and the EU and China, have been rising throughout the year. Both the U.S. and EU have implemented higher tariffs and on some goods imported from China, citing unfair trade practices. China in turn has also announced higher temporary tariffs on some imports from the EU.
Persons: Christian Lindner, Janet Yellen, Lindner, CNBC's Karen Tso, Donald Trump, it's, Chancellor Olaf Scholz's, Trump Organizations: IMF, World Bank, German, European Union, International Monetary, Washington , D.C, Free Democratic Party, Chancellor Olaf Scholz's Social Democratic Party, U.S, EU, Reuters Locations: Washington , DC, U.S, Washington ,, China, EU, Germany
☆ Germany dodges a second far-right win, but only just
  + stars: | 2024-09-23 | by ( Hannah Abraham | ) www.businessinsider.com   time to read: +1 min
Germany's Social Democratic Party narrowly beat the hard-right Alternative for Germany in Brandenburg. SPD's win came after a historic loss to the far-right earlier this month. AdvertisementAfter a historic loss to the far-right earlier this month, Germany's ruling Social Democratic Party (SPD) party narrowly dodged another blow this weekend. German Chancellor Olaf Scholz's Social Democratic Party (SPD) is projected to have won the election in the state of Brandenburg, albeit by less than two percentage points. Preliminary exit polls in Brandenburg showed the SPD at 30.9%, narrowly edging out the far-right Alternative for Germany (AfD) party with 29.2%.
Persons: SPD's, —, Olaf Scholz's Organizations: Germany's Social Democratic Party, Sahra Wagenknecht Alliance, Service, Social Democratic Party, SPD, Olaf Scholz's Social Democratic Party, Business Locations: Germany, Brandenburg
☆ As Europe teeters further to the far right, the UK is doing the opposite
  + stars: | 2024-07-05 | by ( Matthew Loh | ) www.businessinsider.com   time to read: +6 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Sunak, who conceded defeat on Friday morning UK time, will likely be replaced by Labour Party leader Keir Starmer. Labour's rise, largely telegraphed by pre-election polls, makes the UK a clear outlier in this year's political shifts in Western Europe. Still, the far-right faction there, Vox, struggled to gain a foothold, with only 9.6% of the vote, down from 12.4% in 2019. Reform UK party leader Nigel Farage on July 3, 2024.
Persons: —, it's, Rishi Sunak's, Keir Starmer, Starmer, Jeremy Corbyn, he's, Germany's Scholz, Alice Weidel, Tino Chrupalla, Chancellor Olaf Scholz's, Sean Gallup, Scholz, France's, Emmanuel Macron, Macron, FRANCOIS LO, Le, Giorgia, Massimo Di Vita, Archivio Massimo Di Vita, Spain's, Pedro Sanchez's, Vox, Geert Wilders, Nigel Farage's, Farage, Nigel Farage, Dan Kitwood, Richard Wike Organizations: Service, Conservative Party, Labour Party, Business, European Union, Parliamentary, Chancellor Olaf Scholz's Social Democratic Party, Marine, FRANCOIS LO PRESTI, Getty, Italy, June's, Democratic Party, Spain's People's Party, Party for Freedom, Nigel Farage's Reform, Reform, Pew Research Center Locations: Western Europe, Germany, Berlin, France, AFP, Italy, Europe, Netherlands, Clacton
☆ German Defense Minister Christine Lambrecht resigns amid Ukraine war backlash
  + stars: | 2023-01-16 | by ( Sam Meredith | ) www.cnbc.com   time to read: +1 min
German Defense Minister Christine Lambrecht on Monday tendered her resignation, amid scrutiny over Berlin's response to the war in Ukraine. "Today I asked the Chancellor to be released from the role of defence minister," Lambrecht said in a statement, according to a CNBC translation. Her stepdown comes as Germany mulls whether to approve an increase in military support to Ukraine in order to help Kyiv's armed forces prevail against the Russian onslaught. "The valuable work of the soldiers and the many motivated people in the industry needs to be at the forefront. Lambrecht, a senior lawmaker in German Chancellor Olaf Scholz's Social Democratic Party, had faced sustained pressure over her credibility to lead the country's armed forces.
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