Latest Olaf Scholz News

Troubled German gov't gives itself positive half-term report

Nov. 6, 2019 7:04 AM EST

BERLIN (AP) — German Chancellor Angela Merkel's government awarded itself a good performance report Wednesday, halfway through its term, but it was unclear whether that will be enough to hold the fractious coalition together for another two years. Merkel's center-right Union bloc and the center-left Social...

German economy minister falls leaving stage at IT event

Oct. 29, 2019 11:49 AM EDT

BERLIN (AP) — Germany's economy minister fell badly as he left the stage Tuesday during an event at which he was due to present a European digital cloud project and was taken to a hospital. Peter Altmaier tripped on the steps and appeared to fall head-first as he left the stage after making the opening...

German finance minister into runoff in party leadership race

Oct. 26, 2019 1:22 PM EDT

BERLIN (AP) — Germany's finance minister, a strong advocate of the Social Democrats' governing coalition with Chancellor Angela Merkel's conservatives, has won the first round of a membership ballot to lead the center-left party. Olaf Scholz, who is also vice chancellor, and former regional lawmaker Klara...

2 dead in attack targeting German synagogue on Yom Kippur

Oct. 9, 2019 6:13 PM EDT

HALLE, Germany (AP) — A heavily armed assailant ranting about Jews tried to force his way into a synagogue in Germany on Yom Kippur, Judaism's holiest day, then shot two people to death nearby in an attack Wednesday that was livestreamed on a popular gaming site. The attacker shot at the door of the...

German business survey does little to dispel recession fears

Sep. 24, 2019 5:56 AM EDT

BERLIN (AP) — German business confidence has picked up slightly after a five-month decline, but managers are more pessimistic about their outlook for the next half-year. Analysts said the data did little to dispel fears Germany has entered a shallow recession. The Ifo institute said Tuesday that its...

Sigmund Jaehn,1st German in space as 1970s cosmonaut, dies

Sep. 22, 2019 4:26 PM EDT

BERLIN (AP) — Sigmund Jaehn, who became the first German in space at the height of the Cold War during the 1970s and was promoted as a hero by communist authorities in East Germany, has died. He was 82. The German Aerospace Center said Sunday on its website that Jaehn died Saturday. The center did not give...

Can green investment help relaunch Germany's economy?

Sep. 19, 2019 7:58 AM EDT

FRANKFURT, Germany (AP) — A recession looms for Germany and the European Central Bank is pleading for governments to spend more to revitalize economic growth. Yet despite having the luxury of borrowing money for less than nothing, the German government is keeping a tight rein on its finances. A debate over...