Berliner Boersenzeitung - Germany's embattled Scholz open to talks on early election

EUR -
AED 4.073403
AFN 72.095399
ALL 90.759823
AMD 405.022533
ANG 1.985165
AOA 1018.212205
ARS 1713.072879
AUD 1.624435
AWG 1.996495
AZN 1.898524
BAM 1.954767
BBD 2.2584
BDT 139.786147
BGN 1.938631
BHD 0.423017
BIF 3354.345358
BMD 1.109164
BND 1.433478
BOB 13.298473
BRL 6.196565
BSD 1.121304
BTN 105.378826
BWP 15.38319
BYN 3.357329
BYR 21739.61442
BZD 2.255112
CAD 1.580631
CDF 2567.715032
CHF 0.922885
CLF 0.027772
CLP 1092.836776
CNY 7.398512
CNH 7.395506
COP 3649.26048
CRC 507.180057
CUC 1.109164
CUP 26.908783
CVE 110.216707
CZK 24.367945
DJF 199.67161
DKK 7.475344
DOP 68.010507
DZD 151.746852
EGP 59.275052
ERN 16.63746
ETB 182.503456
FJD 2.517469
FKP 0.835235
GBP 0.835849
GEL 2.882288
GGP 0.835235
GHS 13.130543
GIP 0.835235
GMD 82.077594
GNF 9933.692165
GTQ 8.568246
GYD 234.962343
HKD 8.700887
HNL 30.140929
HRK 7.507942
HTG 146.976262
HUF 364.370338
IDR 20243.185808
ILS 3.529083
IMP 0.835235
INR 104.263527
IQD 1699.702005
IRR 2114149.772786
ISK 136.61538
JEP 0.835235
JMD 177.962023
JOD 0.786376
JPY 177.040357
KES 144.180384
KGS 96.995174
KHR 4573.01687
KMF 490.250259
KPW 998.247558
KRW 1478.005179
KWD 0.345205
KYD 0.934306
KZT 500.565539
LAK 25239.282309
LBP 100411.502998
LKR 372.648398
LRD 190.616478
LSL 18.382894
LTL 3.275073
LVL 0.670922
LYD 7.187818
MAD 10.938154
MDL 20.149444
MGA 5073.753977
MKD 61.531076
MMK 2328.938724
MNT 3998.429475
MOP 9.059114
MRU 45.233384
MUR 52.529757
MVR 17.078874
MWK 1944.33929
MXN 20.678179
MYR 4.524948
MZN 70.873386
NAD 18.380989
NGN 1494.221886
NIO 41.262106
NOK 10.592306
NPR 168.606882
NZD 1.99355
OMR 0.42647
PAB 1.121334
PEN 3.821081
PGK 5.035816
PHP 70.64818
PKR 307.875111
PLN 4.403348
PYG 6921.935833
QAR 4.087409
RON 5.345841
RSD 117.603542
RUB 91.976549
RWF 1658.973093
SAR 4.184003
SBD 8.973966
SCR 15.362917
SDG 667.210175
SEK 11.047468
SGD 1.425442
SHP 0.831115
SLE 25.403889
SLL 23258.619397
SOS 640.819214
SRD 41.755618
STD 22957.455427
STN 24.48938
SVC 9.810817
SYP 14421.349991
SZL 18.38786
THB 37.467293
TJS 10.304685
TMT 3.882074
TND 3.341836
TOP 2.6706
TRY 55.743917
TTD 7.603983
TWD 36.562591
TZS 2948.482865
UAH 50.999624
UGX 4575.098464
USD 1.109164
UYU 45.37012
UZS 13425.906759
VES 998.791644
VND 28482.776964
VUV 133.037413
WST 3.092126
XAF 655.957
XAG 0.021754
XAU 0.000281061796
XCD 2.997571
XCG 2.020632
XDR 0.784236
XOF 655.957
XPF 119.331742
YER 262.318412
ZAR 18.476376
ZMK 9983.800502
ZMW 22.84599
ZWL 357.150356
SSP 6418.203573
MXV 2.322786
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

Germany's embattled Scholz open to talks on early election
Germany's embattled Scholz open to talks on early election / Photo: Attila KISBENEDEK - AFP

Germany's embattled Scholz open to talks on early election

German Chancellor Olaf Scholz, mired in crisis after his three-party coalition collapsed this week, said Friday he is open to talks on whether to move forward snap elections.

Text size:

The embattled chancellor has signalled new polls by March -- half a year earlier than scheduled -- but all opposition parties have urgently demanded they be held as early as January to restore stability.

Two thirds of German voters agree, a survey showed, demanding a new government quickly at a time Germany faces deep economic woes and geopolitical volatility.

Germany's crisis erupted Wednesday, just as Donald Trump won the White House race with as yet unknown consequences for transatlantic trade and the wars in Ukraine and the Middle East.

Scholz's political rivals have threatened to block his minority government from passing laws unless he immediately asks for a confidence vote that would allow for a speedy election.

But Scholz threw the ball back into their court by demanding they first help him pass key legislation, in a message aimed chiefly at the CDU/CSU conservative opposition.

Speaking in his trademark unruffled voice on the sidelines of an EU summit in Budapest, Scholz urged a "calm debate" first among parliamentary groups on what laws can be passed this year.

This "could help answer the question of when the right time is" for a confidence vote leading to an early election, he said.

He added that "the election date is not a purely political" decision but must also "allow sufficient time for the organisation of a fair and democratic election".

- 'Clear the way' -

In Berlin, the debate was anything but calm.

The popular Bild daily called for Scholz to "clear the way" for a new government.

"You, Mr Scholz, have tried and failed," Bild editor Marion Horn wrote in a blistering commentary. "Let us voters reassign the mandate of power... as quickly as possible."

Some 65 percent of German voters agreed, while just 33 percent supported Scholz's more relaxed timeline, according to a survey for public broadcaster ARD.

The coalition crisis, centred on discord over economic and fiscal policy, came to a head when Scholz sacked his rebellious finance minister Christian Lindner from the Free Democrats.

It has reduced the government to Scholz's Social Democrats and the Greens.

Despite the domestic turmoil, the government stressed that on the world stage, it's business as usual, including on support for Ukraine in its war against Russia.

"The aid to Ukraine, the military support, the financial support, is assured," said government spokeswoman Christiane Hoffmann.

She also brushed off another attack on Scholz -- from US tech billionaire and Trump ally Elon Musk, who in a short German-language message on X had labelled him a "Narr", or a fool.

Asked about Musk's comment, Hoffmann took a playful dig at the tycoon, saying that "on X, you have Narrenfreiheit", which translates to the freedom to act like a fool.

The word refers to German carnival revellers' tendency to party freely and without inhibition, and historically also echoes the notion of the "jester's privilege" to mock the king without fear of punishment.

Asked about the comment, a tight-lipped Scholz simply called it "not very friendly" and said that internet companies are "not organs of state, so I did not even pay it any attention".

- Pats on the back' -

With the end of the Scholz government in sight, German politicians have quickly moved into campaign mode.

The frontrunner in the polls is Friedrich Merz, the head of the conservative CDU party of ex-leader Angela Merkel.

Lindner, the man at the centre of the storm, meanwhile said he wants to be finance minister again in the next government.

And Vice Chancellor Robert Habeck of the Greens declared officially that he will also seek the top job of chancellor.

Scholz also wants to run again, but a Forsa poll said he has only 13 percent support against 57 percent for his long popular defence minister, Boris Pistorius.

Speaking in Budapest, Scholz said that many European leaders sympathised with his plight in the messy world of shifting party alliances.

"Many have patted me on the back," he told the press briefing. "Many have experience of coalition governments.

"They know that it will not get easier but increasingly difficult -- not only in Germany but also in many other countries. Some have known this for decades."

(A.Berg--BBZ)