After the German parties presented a coalition agreement that formally ended the Merkel era in the country, center-left politician Olaf Scholz of the Social Democratic Party (SPD) will become the new chancellor.
At the same time, the current Chancellor Angela Merkel is leaving the post after 16 years. Germany’s current finance minister will take over as chancellor next month.
According to the agreement announced in Berlin this Wednesday (24), the SPD will lead a coalition formed by the Greens and the Liberal Democratic Party, the FDP.
In political life, Scholz positions himself as a pragmatist of dialogue – his political style is no different from that of Merkel. They can be considered in many ways similar, despite the fact that they belong to competing parties, experts analyze.
“He looks calm, measured, level-headed,” said Corinna Hirst, a senior fellow at the German Marshall Fund (GMF) in Brussels.
Scholz and Gerhard Schroeder, German Chancellor from 1998 to 2005, belong to the same party. Political pragmatism can be similarities between the two governments. As Chancellor, Schroeder presented the so-called “Agenda 2010” – a series of reforms that were seen as an important step for the German business environment.
Scholz said Wednesday that the German government wants to help build a “strong and sovereign” Europe. Among his government’s negotiations is a move towards a cleaner energy matrix. The coalition parties have agreed to phase out coal by 2030 and to end gas-fired electricity production by 2040.
Who is Olaf Scholz in politics
In a conversation with reporters, Scholz spoke about some of the priorities of his coalition government. “We want to be bold when it comes to climate and industry,” he said.
With a moderate profile, Scholz can be considered an outsider within his party – there is still no indication of which names will be closest to him during his reign.
“The SPD leadership is mostly left-wing and did not initially support it. So we still don’t know who he is going to rally around him and who will influence his leadership style, ”says Hirst.
Another characteristic that brings Scholz and Merkel closer together is their preference for centrism. “She always ran from the center, and I think he will try to do that too, but that will of course also depend on the demands of the coalition parties,” said Sudha David-Wilp, deputy director of the Berlin office of GMF. CNN…
At 63, Scholz is a lifelong SPD member and was born in former West Germany – Merkel was born in East Germany. During the first coalition government, Merkel Scholz served as Minister of Labor and Social Affairs.
Olaf Scholz and German Chancellor Angela Merkel in Berlin / Reuters
In 2011, he was elected Mayor of Hamburg, a position he held with high ratings until 2018. After leaving the city’s mayor, Scholz has become Germany’s deputy chancellor and Merkel’s right-hand man over the past few years, as well as in the fight against the pandemic.
It was Scholz who oversaw financial compensation programs in Germany for businesses, employees and those who lost income due to the fact that they had to be quarantined.
But the man who will succeed Merkel has also had his share of political problems throughout his career – and his name is not as popular abroad as the chancellor. As mayor of Hamburg, he was criticized for failing to deal with the violent protests that took place during the G20 meeting in his city in 2017.
Hundreds of police officers were injured in clashes with protesters in Hamburg. At the time, Scholz downplayed the potential risk of demonstrations and was therefore accused of the city’s unpreparedness.
With the signing of the coalition on Wednesday and Scholz’s political track record, few expect radical changes at the pinnacle of German politics. “It will be a change because Merkel will no longer be here. I doubt he’s big, ”Hirst said.
* With information from Rob Picheta, Frederick Platgen, Sugam Pokharala, Jennifer Deaton and Helen Regan, from CNN
(This text is a translation. To read the original in English, Click here)
Yesterday, financial agents evaluated the opposite decision of the Federal Supreme Court (STF) regarding the so-called secret budget. In addition, a decision was made by STF Minister Gilmar Méndez to issue an injunction that would exclude the Bolsa Família from the spending cap rule, with investors trying to understand how this measure would affect the processing of the transitional PEC in the Chamber of Deputies. Oh this PEC!!!!
Since he is an exchange investor, any reading that the budget will be exceeded or become more flexible will negatively affect the exchange market, whether through the PEC or in any other way. We will continue with volatility today.
Looking beyond, the US Central Bank (Fed), although slowing down the pace of monetary tightening at its December meeting, issued a tougher-than-expected statement warning that its fight against inflation was not yet over, raising fears that rising US interest rates will push the world’s largest economy into recession.
The currency market continues to react to political news. The voting on the PEC is saved for today. It is expected that it will indeed be reviewed to open the way tomorrow for discussions on the 2023 budget.
Yesterday, the spot price closed the selling day at R$5.3103.
For today on the calendar we will have an index of consumer confidence in the eurozone. Good luck and good luck in business!!
The former president of the Corinthians dreams of working for the CBF as a national team coordinator. He was consulted shortly after Lula’s election.
Former Corinthians president Andrés Sánchez was advised to take a position in the Ministry of Sports under the administration of Lula (PT). However, he ruled out a return to politics. dreams of taking over the coordination of CBF selectionHow do you know PURPOSE.
No formal invitation was made to the former Corinthian representative, only a consultation on a portfolio opportunity with the new federal government, which will be sworn in on January 1, 2023.
Andrés was the Federal MP for São Paulo from 2015 to 2019. At that time he was elected by the Workers’ Party. However, the football manager begs to stay in the sport, ruling out the possibility of getting involved in politics again.
Andrés Sanchez’s desire is to fill the position of CBF tackle coordinator, which should become vacant after the 2022 World Cup. Juninho Paulista fulfills this function in Brazil’s top football institution.
The former president of Corinthians was in Qatar to follow the World Cup along with other figures in Brazilian football. During his time in the country, he strengthened his ties with the top leadership of the CBF.
BRUSSELS, DECEMBER 19 (ANSA). European Union countries reached a political agreement on Monday (19) to impose a natural gas price ceiling of 180 euros per megawatt hour (MWh). The main sources of income for Russia and the minimization of the use of energy as a weapon by the regime of Vladimir Putin.
The agreement was approved by a supermajority at a ministerial meeting of member states in Brussels, Belgium, after months of discussions about the best way to contain the rise in natural gas prices in the bloc caused by Russia’s invasion of Ukraine. .
The value set by the countries is well below the proposal made by the European Commission, the EU’s executive body, in November: 275 EUR/MWh. However, the countries leading the cap campaign were in favor of an even lower limit, around 100 EUR/MWh.
Germany, always wary of price controls, voted in favor of 180 euros, while Austria and the Netherlands, also skeptical of the cap, abstained. Hungary, the most pro-Russian country in the EU, voted against.
The instrument will enter into force on 15 February, but only if natural gas prices on the Amsterdam Stock Exchange exceed 180 euros/MWh for three consecutive days. In addition, the difference compared to a number of global benchmarks should be more than 35 euros.
Italy, the EU’s biggest supporter of the ceiling, has claimed responsibility for the measure. “This is a victory for Italy, which believed and worked for us to reach this agreement,” Environment and Energy Minister Gilberto Picetto tweeted.
“This is a victory for Italian and European citizens who demand energy security,” he added.
Currently, the gas price in Amsterdam is around 110 EUR/MWh, which is already a reflection of the agreement in Brussels – in August the figure even broke the barrier of 340 EUR/MWh.
However, Russia has already threatened to stop exports to countries that adhere to the ceiling. (ANSA).
Top News4 years ago
Top News4 years ago
Tech4 years ago
