Germany's economy is in trouble. The government's collapse and Trump's return bring more risk
Thursday, 7 November 2024 () The collapse of Germany’s governing coalition and President-elect Donald Trump’s imminent return to the White House are creating new risks for the European Union's biggest economy. The coalition collapsed Wednesday following weeks of disputes over ways to boost the economy and as European leaders began to digest the certainty of another Trump presidency. German Chancellor Olaf Scholz says he plans to seek a Jan. 15 vote of confidence in parliament. If he loses, the move could lead to an early election by the end of March. Business leaders called on Thursday for Scholz to act much more quickly to produce a stable government that is poised to tackle the country's economic problems.
The German government's collapse, which came just hours after US President Donald Trump was elected for a second time, has sent shockwaves throughout Europe. But what does it mean for the rest of the EU?
In a shocking turn of events, the German government has collapsed, with Chancellor Olaf Scholz losing his position amidst a deepening political crisis. The dramatic development has sent shockwaves..
Euronews Editor-in-Chief Claus Strunz gives his view on the collapse of Germany's coalition government, after Chancellor Olaf Scholz dimissed his Finance Minister and set a no-confidence vote for early..
Credit: euronews (in English) Duration: 04:51Published
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Thursday, 7 November 2024 ()
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