Home Business Germany: the Merke era ends after 16 years. Olaf Scholz is the new Chancellor

Germany: the Merke era ends after 16 years. Olaf Scholz is the new Chancellor

by admin
  1. Home ››
  2. News >>
  3. World News ››


FACEBOOK
TWITTER
LINKEDIN

Socialist Olaf Scholz elected German leader. End of the era of Angela Merkel, who was elected Chancellor of Germany for the first time in 2005.
Internally, Merkel’s mandate will be remembered for raising living standards. Internationally, Merkel will always be known for her open door policy at the start of Europe’s migration crisis in 2015. “She presided over a long period of peace and prosperity, guiding Germany calmly and confidently through a series of upheavals. and crisis, ”Berenberg chief economist Holger Schmieding said in a statement Wednesday.
Scholz, 63, will lead the so-called “Semaforo” coalition, made up of the SPD, the Greens and the Liberals after winning the elections on 26 September. The coalition deal stood out from previous plans in its intention to increase investment across the country. However, the pandemic should be their top priority when the new government takes the helm, considering Germany is grappling with high Covid-19 infections and a blocked vaccination schedule.

0 comment
0

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy