US EditionLars Klingbeil to become Germany’s vice chancellor and finance minister, Social Democratic Party says
- Germany's Social Democratic Party announced Lars Klingbeil will become vice chancellor and finance minister in the incoming coalition government.
- This follows the SPD membership's approval of a coalition agreement with Friedrich Merz's CDU-CSU block, reached earlier in April to form a new government.
- The coalition holds 328 of 630 Bundestag seats and aims to boost economic growth, increase defense spending, take a tougher migration stance, and modernize Germany.
- 56% of SPD members voted, with 84.6% supporting the 144-page coalition deal that gives the SPD the finance ministry and tasks Klingbeil with the vice-chancellorship.
- If confirmed by parliament on May 6, Merz will become Germany's 10th post-war chancellor and Klingbeil will enter government under the new centrist coalition.
142 Articles
142 Articles
Coalition from SPD and Union: Finance Minister Klingbeil must deliver quickly
The SPD chairman and future Vice-Chancellor has not been noticed as a specialist in taxes and household. Will his project succeed in the Ministry of Finance? At any rate, he hardly has time to get used to it.
Scholz's firing of finance minister was his downfall. Here's why it may be his party co-leader's boon
In November 2024, Olaf Scholz's coalition government in Germany fell because he fired his finance minister. Now, his party (SPD) co-leader, Lars Klingbeil, is set to take over the ministry whose €500 billion fund is at the heart of the new govt's economic recovery plan
New German finance minister Klingbeil is champion of higher defence spending
BERLIN - Lars Klingbeil, Germany's next vice chancellor and finance minister, is an experienced Social Democrat lawmaker who has sat in parliament for more than 15 years, but his area of expertise has been in defence rather than finance. Read more at straitstimes.com.
New government: ++ Klingbeil brings confidant Böhning to the Ministry of Finance ++ Liveticker
With the start of the new government, there are a lot of posts to be assigned. An important one is now to be given by a confidant of SPD head Klingbeil. And: Tübingen's mayor Boris Palmer warns that the AfD should not get government responsibility. All developments in the live ticker.
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