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The Latest Breaking News from Christian Lindner

Uncertainty Looms For Germany After Scholz Coalition Collapses

Germany enters a period of political uncertainty Thursday after its fragile three-party ruling coalition collapsed on the same day Donald Trump won the US election.

International Business Times

Germany’s opposition says Scholz must hold immediate confidence vote

Three-party coalition government collapsed after the chancellor fired his finance minister amid a row over the budget.

Al Jazeera

Germany's Embattled Scholz Paves Way For Early Elections

German Chancellor Olaf Scholz said Wednesday amid a deep coalition crisis that he will seek a vote of confidence in January that would pave the way for early elections by March.

International Business Times

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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.

Top News

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

The Guardian - UK

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

Evening Standard

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

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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

The Guardian - UK

Intel postpones Magdeburg fab until 2029 to 2030 — German subsidies to Intel could go back to the federal budget

Now that Intel has decided to postpone its Magdeburg fab project, subsidies from the government could go back to the budget.

Tom’s Hardware

Industrial Slump Leaves Germany On Brink Of Recession

German output likely contracted again in the third quarter as an industrial slump drags on, official data is expected to show Wednesday, tipping Europe's largest economy into recession.

International Business Times

Germany's economy isn't growing. But its quarrelsome government can't agree on a way forward

Germany’s economy isn’t growing and the governing coalition has a lot of ideas on how to fix it

The Independent UK

German MP tries to counter AfD’s TikTok dominance with slang-filled video

Christian Dürr’s 75-second video, part of efforts to challenge far right party’s influence on platform, triggers slew of ‘cringe’ comments

The Guardian - UK

Why did Europe reject a Chinese proposal to sell EVs for a minimum of €30K?

China’s reported offer fell way below the average €66,000 price for an EV in Europe.

Fortune

EU hails 'promising' initial budget talks with France

EU economy chief Paolo Gentiloni on Monday welcomed his "promising" discussions about France's budget with French Finance Minister Antoine Armand as Paris aims to rein in spending and bring down its deficit.

Radio France Internationale

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International Business Times

As EU Targets Chinese Cars, European Rivals Sputter

As the EU seeks to put a brake on competition from Chinese electric cars, European automakers are stuck in second gear.

Fortune

EU votes in favor of massive tariffs on Chinese EVs. Here's what it means

A divided EU reluctantly agreed massive tariffs on Chinese-made EVs.

The Guardian - UK

Oil price drops, and BP and Shell shares slide, as Saudi Arabia ‘prepares to abandon $100 crude target’ – as it happened

Saudi Arabia is reportedly ready to abandon its unofficial price target of $100 a barrel for crude as it prepares to increase output

The Guardian - UK

The Guardian view on Olaf Scholz’s struggling coalition: running out of time

Editorial: A pyrrhic victory for social democrats in the latest state election offers scant consolation. The German far right continues to strengthen

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Tom’s Hardware

Some analysts believe Intel won't build out its German fab due to financial woes: Report

There is a 50% chance that Intel is not going build its fab in Germany after it put it on pause for two years.

The Guardian - UK

The Guardian view on Europe’s future: spend big or risk the consequences

Editorial: Former European Central Bank chief Mario Draghi is right to call for Marshall plan-type investment in the continent’s future

Fortune

Here's why Intel's plan to shelve a €30bn German plant could rupture its government.

Germany's finance minister has urged his government to reallocate the €10 billion it had set aside for the Intel plant.

The Independent UK

Wolfgang Gerhardt, who led Germany's pro-business Free Democrats, dies at 80

Wolfgang Gerhardt, a politician who led Germany’s pro-business Free Democrats from 1995 to 2001, has died

Radio France Internationale

Europe needs 'unprecedented' investment to close gap with China, US

Europe needs to significantly increase investment as part of a "new industrial strategy" to remain competitive with the United States and reduce reliance on China, a new report claims.

Al Jazeera

Europe needs ‘massive’ investment drive to catch global competitors: Report

Ex-ECB chief Mario Draghi’s report says Europe’s economy faces ‘existential challenge’ to catch up with the US, China.

International Business Times

Europe Needs 'Unprecedented' Investment Surge, Says Key Report

Europe must massively ramp up investment including through joint borrowing as part of a "new industrial strategy" to keep pace with the United States and avoid dependence on China, a keenly awaited report warned Monday.

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