German ministers clash over economy fix as Scholz steps in to save coalition

German government faces internal split over competing economic plans‚ with finance and economy ministers proposing different solutions. Chancellor Scholz organizes urgent meetings to find middle-ground between opposing views

November 3 2024 , 06:40 PM  •  1979 views

German ministers clash over economy fix as Scholz steps in to save coalition

In a high-stakes political stand-off Olaf Scholz needs to fix growing disagreements between his top ministers about Germanys economic future. The tension peaked when Christian Lindnerʼs finance ministry shared a document that goes against Robert Habeckʼs investment ideas

The finance ministryʼs plan (which somehow got out to public) focuses on tax-cuts and strict money rules; this directly opposes the multi-billion investment program that the economy minister suggested just days before. A govt source told that both ministers and Scholz will meet many times in next days to work things out: the situation needs quick fixing

About 10-billion euros from a delayed Intel computer-chip project became the main topic of debate. Lindner wants to remove these funds from budget but Habeck thinks they could be used somewhere else. The three-party coalition — which includes Social-Democrats Greens and Free Democrats — cant agree on how to help Europes biggest economy

Lars Klingbeil who leads SPD party doesnt like some of Lindners ideas.

Giving more to rich people letting workers stay longer at jobs and making them retire later - we think this is wrong

SPD leader Klingbeil told local news

Opposition groups like CDU and far-right Alternative for Germany want early voting. Thorsten Frei from CDU thinks new elections would be good for country but polls show all three ruling parties might lose many votes if that happens