The Business Times

Olaf Scholz

International

Merz faces hard road to government after German election win

US President Donald Trump has threatened to impose extra customs duties on allies including the EU, as well as on China.
Global Enterprise

EU, China warn against trade friction after Trump’s return

Scholz (top), a Social Democrat who will head a caretaker government until a new one can be formed, lost a confidence vote in parliament earlier this month after the departure of Finance Minister Christian Lindner’s Free Democrats left his unwieldy governing coalition without a legislative majority.
International

German president dissolves parliament for Feb 23 snap elections

Assuming the no-confidence vote passes, Olaf Scholz and his ministers will remain in office in an acting capacity until a new government is formed, which could take months if coalition negotiations prove lengthy.
International

German Chancellor Scholz to ask parliament to clear way for new elections

The government will cap the costs of electricity transmission at 3 US cents per kilowatt-hour, partly finance the costs of the transmission grids and ensure that transmission grid fees do not increase in 2025.
Energy & Commodities

Germany's Scholz announces measures to prop up ailing steel industry

German Chancellor Olaf Scholz, who for now runs a minority government with the backing of the Greens, hopes to secure enough opposition support to pass laws to protect the Constitutional Court from the far-right and to fund Ukraine before leaving office.
International

Germany set for Feb 23 election: sources

German Chancellor Olaf Scholz’s political rivals have threatened to block his minority government from passing laws unless he immediately seeks a confidence vote.
International

Germany’s Scholz says ready to hold confidence vote this year

Finance Minister Christian Lindner was sacked because he had refused a proposal to suspend rules limiting new government borrowing.
International

Scholz calls for snap German election in March after coalition collapses

German Chancellor Olaf Scholz attends a wreath laying ceremony for the victims of a deadly knife attack in Solingen, western Germany, on September 1, 2024. A Syrian man with suspected links to the Islamic State group on August 23, 2024 went on a knife rampage at a street festival, which left three people dead and injured eight others. The attack has caused nationwide shock and fuelled a debate about immigration ahead of key regional elections held on September 1, 2024. (Photo by Michael Probst / POOL / AFP)
International

Germany's Scholz working with industry to boost growth

German Chancellor Olaf Scholz delivers a speech during the inauguration of the first IBM Quantum Data Center in Europe, in Ehningen, Germany.
Telcos, Media & Tech

Germany inaugurates IBM’s first European quantum data centre

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