German chancellor Olaf Scholz sacks his finance minister

https://on.ft.com/3AresMT

by Round_Cream1522

27 comments
  1. Article:

    German chancellor Olaf Scholz has sacked his liberal finance minister Christian Lindner, plunging the eurozone’s largest economy into political chaos hours after Donald Trump’s victory in the US presidential election.

    The move, which came during a meeting of senior ministers on Wednesday evening, brings the curtain down on a deeply unpopular coalition government that had become a byword for discord and acrimony.

    It leaves a void at the heart of Europe just as concern is growing in EU capitals over what a second Trump presidency will mean for transatlantic relations.

    The sacking of Lindner is likely to precipitate snap elections more than six months before they were due to be held next September, ushering in a long period of uncertainty that the EU can ill afford as it braces for a trade war with the US while trying to fend off a growing economic threat from China.

    The trigger for Lindner’s dismissal was a dispute over next year’s budget. The three coalition partners — Scholz’s Social Democrats (SPD), Lindner’s liberal Free Democrats (FDP) and the Greens — could not agree on how to plug a €9bn hole in the spending plan ahead of a meeting of parliament’s budget committee next week.

  2. Jesus christ this man. I swear every thing I hear he does is just him fucking some shit up.

  3. So now what happens? Is Scholz going to replace him (with who?) or is he really going to call snap elections?

  4. Better late than never. Met Lindner a few times at asset manager events. He’s a lot more interested in his public image and being a speaker at events than doing his job as minister. He’s clueless and just a career oriented politician. Good riddance.

  5. From Scholz’s speech, he will finnish the most important issues by the end of the year. On January 15, the first session of the Bundestag in 2025, he will call a “Motion of confidence” in parliament, which would make new elections possible in March 2025.

  6. Well fuck. Lindner finally got what he deserved after sabotaging the coalition for years, but I’m still unhappy. Germany should be the boring, stable country. Feels like everything is going to shit. Next thing we’ll see an AfD-BSW coalition.

  7. I am literally laughing out of glee.Nothing in politics ever made me This happy.This day is an rollercoaster.

  8. Basically that means elections right? Doubt that Greens will go for Jamaica. Scholz and Lindner both appear to be toast?

  9. Finally, Linder is nothing more than a blabbermouth who may come across as articulate and impress some people but anyone involved in the financial sector attests to his ridiculous lack of skills and little understanding of the subject matter. He bears the brunt of the blame for the government’s constant bickering back and forth.

  10. Fucking FDP. Every couple of years enough new economics students have graduated and started paying taxes to put his party over the 5% mark. They vote for them because they’re too young to remember what a disgraceful roadblock this party is. And then they fuck up, fall below the 5% mark again and lay in wait for the next batch of idiots to vote them in again.

  11. Lindner should have never been made Finance Minister. But what the FDP has shown once again that they can’t be trusted in government. As they are doing this not for the first time killing a coalition prematurely.

  12. The title should be: finance minister provokes political break-up of the coalition in order to desperately gain a new party political profile.

  13. Scholz was contained, but you could hear in his voice that he was pissed off. A rare show of emotion for him (or most northern Germans).

  14. Insanity! Scholz just dressed down Lindner on TV, ripped into him ruthlessly. Honestly, I rather enjoyed that. Lindner had it coming.

  15. Shouldn’t have fired him because of the elections in America, he should’ve fired him because of gross incompetence. A fucking pile of rocks would make a better finance minister than Lindner.

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