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The Latest Breaking News from Olaf Scholz

Pressure piles on Germany’s Scholz to hold quick elections after coalition collapses

The political breakdown follows sacking of the finance minister

The Independent UK

Ex-banker And Scholz Ally: Germany's New Finance Minister

Joerg Kukies, Germany's new finance minister, is a former investment banker who has long been one of Chancellor Olaf Scholz's closest advisers, most recently as a state secretary.

International Business Times

German Big Business Calls For Early Vote, Economic Vision

German big business groups demanded almost in unison Thursday that embattled Chancellor Olaf Scholz call elections soon to restore political stability in Europe's stuttering top economy.

International Business Times

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Why has Germany’s government collapsed and what happens next?

Olaf Scholz’s sacking of his finance minister has plunged Europe’s largest economy into considerable uncertainty

The Guardian - UK

Keir Starmer left reeling following collapse of Brexit ally’s government – hours after Donald Trump victory

Fall of Olaf Scholz’s coalition in Germany has led to calls for greater UK/ French co-operation as the EU grapples with it response to the US election result

The Independent UK

Stocks Climb Before the Open With Focus on Fed Rate Decision

December S&P 500 E-Mini futures (ESZ24) are up +0.27%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.33% this morning, extending their post-Election Day gains, while investors looked ahead to the Federal Reserve’s interest rate decision.

Barchart

Stocks Steady Before the Open as Investor Focus Turns to Fed Rate Decision

December S&P 500 E-Mini futures (ESZ24) are up +0.11%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.18% this morning, maintaining their post-Election Day gains, while investors looked ahead to the Federal Reserve’s interest rate decision.

Barchart

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Uncertainty looms over Germany as Scholz navigates political crisis

Germany is bracing for political upheaval, with Chancellor Olaf Scholz set to govern in a weakened position after firing his finance minister in a dramatic collapse of his coalition. Scholz now faces a critical confidence vote in January, which could force snap elections by March and leave Europe’s largest economy…

Radio France Internationale

European Leaders Reassess Trans-Atlantic Relations Amid U.S. Election Fallout

European leaders gather in Budapest to address U.S. election impact on trans-Atlantic relations and potential policy shifts under Trump's second term.

Top News

German Chancellor Fires Finance Minister Amid Government Crisis

Chancellor Scholz's dismissal of Finance Minister Lindner raises concerns about the ruling coalition's stability and future economic policies in Germany.

The Guardian - UK

German government collapses after Olaf Scholz sacks finance minister

Unexpected move throws Europe’s largest economy into political disarray and is likely to lead to snap elections in March

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Evening Standard

German coalition on brink after Chancellor Scholz fires finance minister

German government in disarray as Europe prepares for a Trump presidency in the new year

Radio France Internationale

EU leaders chart independent future as Trump takes White House

European leaders are pushing for more strategic autonomy as Donald Trump's victory in US presidential elections sets the stage for a dramatic shift in transatlantic relations.

International Business Times

Germany's Scholz Tells Trump: 'We're Better Off Together'

German Chancellor Olaf Scholz on Wednesday congratulated US presidential election winner Donald Trump and urged continued close trans-Atlantic ties, telling him in English: "We're better off together".

The Guardian - UK

Orbán, Zelenskyy, Macron and European leaders respond to Trump’s win

Public congratulations but private foreboding as heads of state, ministers and diplomats express hopes for cooperation and peace

The Independent UK

Germany's quarrelsome government meets in last-minute effort to find solution for its ailing economy

The leaders of Germany’s quarrelsome governing coalition are meeting again in another last-minute effort to find a joint solution to fix the country’s struggling economy

The Independent UK

How Trump victory leaves Starmer isolated on the world stage

Analysis: With the UK out of the EU and a highly hostile White House administration across the Atlantic, no British prime minister has been more isolated in modern history

The Guardian - UK

Clashes over budget could push Germany’s ailing coalition to collapse

With contradictory proposals unlikely to mesh, leaders to decide whether there is scope for alliance to continue

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