Germany's ruling coalition collapses as Scholz dismisses finance minister

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Germany's ruling coalition collapsed on November 6, 2024, after Chancellor Olaf Scholz dismissed Finance Minister Christian Lindner over budget disputes. This move sets the stage for a potential snap election as Scholz prepares to lead a minority government. Scholz's coalition, which included the Social Democrats and the Greens, struggled with economic policy disagreements. The government faced declining popularity and increasing pressure from far-right and far-left parties. Scholz plans a confidence vote for January 15, which could lead to elections by March. The coalition's breakdown comes amid economic challenges, including a stagnant economy and rising competition from China. Scholz aimed to increase support for Ukraine and proposed capping energy costs, while Lindner advocated for spending cuts and fiscal restraint.


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