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Olaf Scholz

German politician, federal minister of finance and vice chancellor

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Olaf Scholz: German politician, federal minister of finance and vice chancellor
Olaf Scholz is a German politician serving as Federal Minister of Finance and Vice Chancellor under Chancellor Angela Merkel from the CDU since 14 March 2018. He served as First Mayor of Hamburg from 7 March 2011 to 13 March 2018 and Acting Leader of the Social Democratic Party (SPD) from 13 February to 22 April 2018.

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Franco-German recovery grants idea a "historic step" - Le Maire [Video]

Franco-German recovery grants idea a "historic step" - Le Maire

The Franco-German proposal for the European Union to raise debt in order to issue grants for its economic recovery is a historic step, French Finance Minister Bruno Le Maire said on Tuesday. Ciara Lee..

Credit: Reuters Studio     Duration: 02:06Published

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Germany's Scholz: Lufthansa rescue package should yield 'small profit' for state

Germany's rescue package for flagship carrier Lufthansa is a "very, very good solution" that is taking into account the needs of both the company and taxpayers, Finance Minister Olaf Scholz said on..
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Germany's Scholz says coronavirus is a call for European solidarity

The coronavirus pandemic should act as call for solidarity among Europe's leaders, German Finance Minister Olaf Scholz said, adding that he hoped the European Union would emerge from it stronger.
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German minister prioritizes face masks for critical workers

Asked about the possibility of introducing an obligation to wear protective face masks, Finance Minister Olaf Scholz said on Tuesday that the masks Germany has are for critical workers such as medical..
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Germany ready to mull post-virus stimulus package, but discussions at 'very early stage': source

German Finance Minister Olaf Scholz is ready to mull a post-virus stimulus package, but discussions within the government on the measures are still at "a very early stage", a senior official with..
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Germany launches 750 bln euro package to fight virus

germany launches 750 bln euro package to fight virus
BERLIN — Germany on Monday agreed a package worth up to 750 billion euros ($808 billion) to mitigate the damage of the coronavirus outbreak on Europe’s largest economy, with Berlin aiming to take..
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German vice-chancellor says Merkel is healthy but working from home

German Vice-Chancellor Olaf Scholz said Chancellor Angela Merkel, who on Sunday went into quarantine after coming into contact with a coronavirus-infected doctor, was healthy but working from home.
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Finance minister says Germany preparing 150 billion euro supplementary budget

German finance minister Olaf Scholz said on Saturday that the government was readying a supplementary budget of 150 billion euros ($160 billion), as part of a broader funding package to tackle the..
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Germany to counter coronavirus impact 'with full force': Scholz in letter

Germany will counter the social and economic impact of the coronavirus crisis "with full force", Finance Minister Olaf Scholz told lawmakers in a letter on Monday, without putting a figure on the..
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Debt brake not hampering German response to coronavirus: Scholz spokesman

Germany's federal government will stick to its debt brake rule, a spokesman for Finance Minister Olaf Scholz said, adding the regulation was not hampering the government's ability to provide support..
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Germany, France monitoring coronavirus very closely, ready for decisive action: Scholz

Germany and France are monitoring the spread of the coronavirus very closely, Finance Minister Olaf Scholz said on Monday after talks with his French counterpart Bruno Le Maire, adding that Berlin and..
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Germany's Scholz to carry on as finance minister despite SPD defeat

Germany's Olaf Scholz will carry on for now as finance minister despite losing a bid to lead his Social Democratic Party because he sees it as his duty not to sink the ruling coalition, people familiar..
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Germany's Scholz to attend euro zone meeting despite losing SPD race: source

German Finance Minister Olaf Scholz will attend a regular meeting of euro zone finance ministers on Wednesday, despite losing a bid to lead his Social Democratic Party (SPD), a government source said..
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Number of grand coalition-opposed Social Democrats very small: finance minister

Olaf Scholz, Germany's finance minister, said he was optimistic that his party's governing coalition with Chancellor Angela Merkel's conservatives will hold after a leadership vote.
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German coalition needs to prove its worth: Finance Minister Scholz

Germany's ruling grand coalition needs to show it is in step with the times and can deliver in the next two years, Finance Minister and Social Democrat (SPD) leadership candidate Olaf Scholz told the..
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Germany's Scholz tops SPD leader vote, but faces run-off

Finance Minister Olaf Scholz came first in a vote to elect a leader of Germany's Social Democrats (SPD) but fell short of a majority, triggering a run-off set to fuel debate over whether to stay in..
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Germany's Scholz urges EU to avoid escalation in U.S.-EU trade disputes

germany's scholz urges eu to avoid escalation in u.s.-eu trade disputes
German Finance Minister Olaf Scholz on Friday said European Union officials were working intensively behind the scenes to hammer out a trade agreement with the United States and avert threatened..
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Germany's Scholz: No-deal Brexit would damage Britain the most

Germany's Finance Minster Olaf Scholz told Reuters on Tuesday that a no-deal Brexit should be avoided as such an outcome would damage Britain the most.
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Germany's Scholz calls for coordinated approach to convince Turkey to end Syria operation

German Vice Chancellor Olaf Scholz on Tuesday criticized U.S. President Donald Trump for not having coordinated his decision to impose sanctions against Turkey, adding that the European Union is..
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German Finance Minister sees no need yet to abandon balanced budget over climate plan

The German government has enough other options to consider for funding a planned climate package before it needs to discuss sacrificing its "black zero" balanced-budget policy, Finance Minister Olaf..
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Scholz says he will remain German finance minister if he becomes SPD leader

Germany's Olaf Scholz, highest profile candidate in the Social Democrats' (SPD) leadership race, said he would stay on in his post as finance minister if he becomes leader of his party.
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German Finance Minister Scholz vows to respect any SPD decision to quit Merkel's coalition

German Finance Minister Olaf Scholz said on Thursday he would respect any decision by his centre-left Social Democrats (SPD) to quit conservative Chancellor Angela Merkel's coalition.
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Germany's Scholz raises pressure on Merkel to think big on climate protection

German Finance Minister Olaf Scholz on Monday urged Chancellor Angela Merkel's conservatives to support far-reaching steps on climate protection, warning that failure to do so would raise questions..
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Germany's Scholz: New Italian government good news for Europe

German Finance Minister Olaf Scholz said on Thursday that the formation of a new Italian coalition government was good news for Europe and that he was glad to see that a "stable and progressive"..
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Finance Minister Scholz appoints critic of Germany's balanced budget policy as new deputy: sources

Finance Minister Olaf Scholz has chosen an outspoken critic of Germany's balanced budget goal as his new deputy for parliamentary affairs, government sources told Reuters on Wednesday.
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German Finance Minister: Brexit deal will not be changed

German Finance Minister Olaf Scholz said on Wednesday that Britain should not expect changes to the existing Brexit deal, adding that the situation had not changed with the change of government in..
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Germany's Scholz sees no sign Italy will trigger euro crisis

There is no sign of a looming euro zone crisis due to political upheaval in Italy, German Finance Minister Olaf Scholz said on Wednesday.
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Germany's Scholz picks eastern woman as running mate for SPD chair

German Finance Minister Olaf Scholz will run for the leadership of the Social Democrats (SPD) with a female colleague from the former communist east on a ticket that represents a commitment to the..
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EU27 ready for all Brexit scenarios, German finance minister Scholz says

The European Union is united and ready for all scenarios related to Britain's planned departure from the bloc, German Finance Minister Olaf Scholz said on Twitter on Friday, after meeting his British..
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German finance minister Scholz to run for SPD leadership

German Finance Minister Olaf Scholz will run for the leadership of the Social Democrats, a spokeswoman said on Friday, joining a race to revive the party's popularity sinking since it entered a..
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Scholz wants to remain finance minister despite SPD leadership candidacy: RND

German Finance Minister Olaf Scholz does not plan to quit his post despite intending to run for the leadership of his Social Democrats, a German newspaper group reported on Friday.
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German finance minister: U.S.-China trade conflict escalation would hurt economy more

An escalation in a trade conflict between the United States and China will further damage the global economy, German Finance Minister Olaf Scholz warned on Tuesday, urging all sides to negotiate.
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Germany's Scholz 'very skeptical' about U.S. mission for Strait of Hormuz

Germany's Vice Chancellor and Finance Minister Olaf Scholz said on Wednesday he was very skeptical about a request by the United States to join a military mission for the Strait of Hormuz.
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Germany's Scholz seeks to calm Gulf tension: newspapers

German Finance Minister Olaf Scholz has appealed for efforts to prevent an escalation of tensions in the Gulf, and said the country was working closely with France and Britain, according to an..
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German finance minister says G20 ministers agree on minimum taxation

Finance Ministers at a Group of 20 meeting in Japan are agreed that minimum taxation is a good idea, German Finance Minister Olaf Scholz said on Saturday, adding that it would come.
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Merkel coalition parties hold crisis talks amid SDP turmoil

merkel coalition parties hold crisis talks amid sdp turmoil
Parties in Ms Merkel's fragile government are set to hold separate crisis talks about the fate of the coalition on Monday. A first round of talks was held by the SDP's leadership on Sunday, but the..
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