Latest Olaf Scholz News

Portugal: EU eyes Iberia-Italy pipeline to get gas to Europe

Aug. 12, 2022 08:36 AM EDT

LISBON, Portugal (AP) — European authorities are considering a liquefied natural gas pipeline from Spain to Italy as a way of getting around France’s opposition to a gas link-up across the Pyrenees between the Iberian peninsula and central Europe, Portugal's prime minister said Friday. ...

German ex-leader Schroeder sues to restore official perks

Aug. 12, 2022 04:10 AM EDT

BERLIN (AP) — Former German leader Gerhard Schroeder is suing to restore the perks he enjoyed as ex-chancellor after he was stripped of them by parliament following criticism over his ties with Russia. Schroeder, who was chancellor from 1998 to 2005, has long had a close...

Give and take: West gives Ukraine weapons, bans Russian coal

Aug. 11, 2022 16:55 PM EDT

KYIV, Ukraine (AP) — On a day of give and take, Western nations made more pledges to send arms to Ukraine while the European Union's full ban on Russian coal imports kicked in Thursday, adding to the sanctions against Moscow that intelligence claims are hurting its defense exports. ...

Scholz confident Germany can weather energy crisis in winter

Aug. 11, 2022 09:55 AM EDT

BERLIN (AP) — German Chancellor Olaf Scholz pledged his government won't leave citizens freezing or unable to pay their energy bills but acknowledged Thursday that his country faces considerable challenges in the coming months. Rising fuel costs sparked by Russia's war against...

German FinMin pitches $10B tax cuts to ease inflation pain

Aug. 10, 2022 09:27 AM EDT

BERLIN (AP) — Germany's finance minister said Wednesday that the government plans to make tax cuts worth more than 10 billion euros ($10.2 billion) to benefit broad sections of the population squeezed by high energy costs and inflation. Finance Minister Christian Lindner said about...

Scholz party rejects bid to expel German ex-leader Schroeder

Aug. 08, 2022 08:55 AM EDT

BERLIN (AP) — Local officials with German Chancellor Olaf Scholz’s party rejected a bid to expel former Chancellor Gerhard Schroeder over his close ties to Russia, the news agency dpa reported Monday. An arbitration committee of the center-left Social Democrats’ branch in...

Germany's Scholz says nuclear extension 'could make sense'

Aug. 03, 2022 13:18 PM EDT

BERLIN (AP) — Chancellor Olaf Scholz said Wednesday that extending the life of Germany's three remaining nuclear reactors beyond the end of the year “could make sense,” but he didn't commit to the idea. Opposition leaders and the pro-business Free Democrats, the smallest party...

German leader says gas pipeline part is ready for Russia

Aug. 03, 2022 09:24 AM EDT

BERLIN (AP) — German Chancellor Olaf Scholz inspected a turbine at the center of a natural gas dispute and declared Wednesday that “there are no problems” blocking the part's return to Russia besides missing information from Russia’s state-controlled gas company. The Kremlin...

Germany argues over nuclear shutdown amid gas supply worries

Jul. 31, 2022 07:02 AM EDT

BERLIN (AP) — Rising concern over the impact of a potential Russian gas cutoff is fueling the debate in Germany over whether the country should switch off its last three nuclear power plants as planned at the end of this year. The door to some kind of extension appeared to open a...

German inflation rate slips again in July from month before

Jul. 28, 2022 09:02 AM EDT

BERLIN (AP) — Germany's annual inflation rate has declined slightly for the second consecutive month, official data showed Thursday, but July's pace of 7.5% was still within sight of the nearly half-century high it reached in May. Inflation in Europe's biggest economy rose 7.9% in...