US EditionLars Klingbeil to become Germany’s vice chancellor and finance minister, Social Democratic Party says
- Lars Klingbeil will become Germany's finance minister and vice chancellor in the incoming coalition government led by Friedrich Merz.
- The coalition formed after Merz's center-right CDU/CSU secured the most seats in the February election but needed the Social Democrats' support to command a parliamentary majority.
- SPD members approved the coalition agreement in a two-week vote with 84.6% support and 56% turnout, clearing the way for Merz's chancellorship and Klingbeil's appointment.
- The coalition plans include spurring economic growth, increasing defense spending, taking a tougher stance on migration, and modernizing infrastructure, with Klingbeil advocating reforms and military strengthening.
- If the Bundestag elects Merz on May 6, Klingbeil will replace Joerg Kukies and help lead Germany’s government through economic and geopolitical challenges.
150 Articles
150 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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