This move came just hours after Donald Trump claimed victory in the U.S. presidential election, amplifying global uncertainties.
Germany's ruling coalition collapsed, creating political turmoil in Europe's largest economy.
Chancellor Olaf Scholz took the dramatic step of firing his finance minister, Christian Lindner, paving the way for a snap election. This move came just hours after Donald Trump claimed victory in the U.S. presidential election, amplifying global uncertainties. Scholz's decision to remove Lindner, a key ally in the coalition, sent shockwaves through Germany, raising concerns over the future direction of the country at a time of economic challenges and geopolitical tension. . .
“Politically, the turmoil in the German government is the first sign, the first reaction to Trump’s re-election,”
---- Gilles Guibout, head of European equity strategies at AXA Investment Managers in Paris.
No comments:
Post a Comment