Olaf Scholz is a German politician who has been the chancellor of Germany since 8 December 2021.
A member of the Social Democratic Party, he previously served as Vice Chancellor in the fourth Merkel cabinet and as Federal Minister of Finance from 2018 to 2021.
Good Morning from #Germany where the number of corporate insolvencies up by a third.
In April 2024, the local courts reported 1,906 corporate insolvencies.
The courts put the creditors' claims from the corporate insolvencies reported in April 2024 at ~€11.4bn.
In April 2023, the claims had totaled ~€1.3bn.
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