Olaf Scholz (Olaf Scholz), the German Minister of Finance and the number one candidate for the Social Democratic Party (SPD) federal election.
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The next German government is about to take a big step towards completion, and after nearly two months of negotiations after the country’s federal election in September, an alliance agreement is about to be announced.
Since no one party has a large enough vote share to govern alone, the center-left Social Democratic Party, the Green Party, and the pro-commercial Liberal Democrats have been conducting joint negotiations to try to find a compromise that allows all parties to govern together.
With reference to the traditional colors of both parties, the possible alliance is described as a “traffic light” alliance.
Now, after nearly two months of negotiations, the parties involved have widely called it “constructive,” and it looks like the alliance agreement will be announced on Tuesday or Wednesday.
According to two people familiar with the matter, the SPD candidate Olaf Schultz will become the next chancellor of Germany, and the head of the Liberal Democratic Party Christian Lindner will become the next finance minister. The sensitive nature of the talks.
The same source stated that Annalena Baerbock and Robert Habeck, the co-leaders of the Green Party, are preparing to assume the roles of Minister of Foreign Affairs and Minister of Economy, respectively.
Robert Habek, the co-leader of the German Green Party, Annalena Belbok, the co-leader of the German Green Party, Olaf Schultz of the German Social Democratic Party (SPD), and Christian Lindner, the leader of the Liberal Democratic Party (FDP) A press statement was issued on October 15 in Berlin, Germany in 2021.
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Angela Merkel, the long-term German Chancellor, will step down in the coming weeks after 16 years in office. This marks a major change in the German political landscape.
Her party, the Christian Democratic Union (CDU) and its sister party, the Christian Social Union, were basically left out in the post-election coalition negotiations.
The CDU and CDU have been dominant in the German alliance for decades, but they will now fall into opposition after the coalition’s candidate for chance, Armin Laschet (Armin Laschet) failed to inspire voters. Rashet resigned from the post of governor of North Rhine-Westphalia and is expected to succeed the chairman of the CDU.
Schultz is an experienced politician who served as Minister of Finance and Deputy Chancellor of Germany in Merkel’s last government.
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