Olaf Scholz by Joshua Brown May 1, 2023 70 Olaf Scholz (born June 10, 1958) is a German politician of the Social Democratic Party who has been serving as Federal Minister of Finance since 2018 and Vice Chancellor of Germany since 2019. He previously served as First Mayor and Senator for Finances in Hamburg from 2011 to 2018. Early life and education Scholz was born in Osnabrück, Lower Saxony. After completing his Abitur at the Theodor-Heuss-Gymnasium he studied law at universities in Freiburg im Breisgau, Geneva and Hamburg where he graduated with an LLM degree in 1983. In 1986 he passed his second state exam which enabled him to practice law until 1991 when he became a civil servant working for both the federal government’s Ministry of Justice office as well as that of Berlin’s Senate Department for Justice before being appointed Regional Secretary General for Legal Affairs within the European Commission’s Delegation Office in Bonn/Cologne. Political career Scholz joined SPD party back 1994 when Gerhard Schröder was elected leader replacing Rudolf Scharping; soon after becoming active member Speer ran successfully during 1996 elections winning seat on Berlin House Assembly representing Tempelhof constituency until 2001 while also holding various local offices such us Commissioner responsible Public Order between 1998–2001 period prior joining executive branch firstly attending post Councilor Community Development then moving up ranks towards more powerful posts such District Administrator or Executive Board Member eventually leading it till 2006 election year regained by Christian Democrats leaving behind temporary position President City Planning Committee occupied one year earlier instead entering national political arena same occasion running unsuccessfully against CDU candidate Ursula von der Leyen current Federal Minister Defense yet managing win following 2009 general polls securing mandate Spandau electoral district nevertheless resigning December 2013 due health issues still remaining delegate Bundestag continuing serve Chairman Budgetary Oversight Panel time later January 2011 appointed Mayor just few months ahead decisive race reelected four years straight staying charge last term despite retirement rumors finally stepping down March 2018 making way successor Dr Peter Tschentscher succeeding her eight ministerial roles afterwards gaining appointment German Cabinet promoted State Secretary Interior Ministry end April headed Visa department couple weeks followed designated Deputy Leader cabinet session October 2017 switching positions Financial Officer February next year taking over helm newly created position Restructuring Coordinator July meanwhile deputy chairman social democratic parliamentary group Bundestag assumed upon Olaf Lies retiring March 2020 remaining vice chancellor thereafter portfolio finance granted alongside leadership role given small business aid package implemented response coronavirus pandemic spring 2020 additionally held seat Supervisory Board Deutsche Bank AG 2015–2020 span preceding engagement politics plus chairmanship Audit Panel Bundesrat stance mid 2016 –mid 2019 stretch reappointed respective body September wherein serves date Personal life Over course years married twice father three children resides Stadtteil Rahlstedt located North West region city Hamburg enjoys playing piano listening classical music travelling reading books often visits hometown Osnabrück enjoying countryside walks thereabouts whenever possible
Bookmark BusinessEconomyGeneral NewsGermanyGermany governmentOlaf Scholz Germany’s leader vows to fix a spending crisis that’s worsening gloom in the struggling economy by Ryan Lee November 25, 2023 November 25, 2023 German Chancellor pledges action to address budget crisis amid economic challenges and climate goals.
Bookmark EuropeGeneral NewsGermanyGermany governmentIsraelIsrael-Hamas warOlaf ScholzTurkey governmentWorld News Turkish and German leaders air deep differences on the Israel-Hamas war by Gabriel Martinez November 18, 2023 November 18, 2023 Turkish and German leaders clash over Israel-Hamas war, highlighting deep divisions in their stances. Erdogan’s visit to Berlin sparks tension.
Bookmark FrankfurtGeneral NewsGermanyGermany governmentOlaf ScholzWorld News Impending State Elections in Germany Foreseen to Favor Conservative Opposition by Madison Thomas October 8, 2023 October 8, 2023 This article analyzes the upcoming state elections in Bavaria and Hesse, Germany, amidst declining approval for Chancellor Olaf Scholz’s coalition. It explores the implications for national politics, the potential strain …
Bookmark EuropeGeneral NewsGermany governmentHamburgOlaf ScholzWorld News German Leader Scholz Shares Image of Facial Injury Following Weekend Running Mishap by Gabriel Martinez September 4, 2023 September 4, 2023 German Chancellor Olaf Scholz tweets a photo of himself with a black eye patch, sustained from a weekend jogging accident. Despite postponing weekend commitments and appearing roughed up, officials assure …
Bookmark EuropeGeneral NewsGermany governmentHamburgOlaf ScholzWorld News German Chancellor Olaf Scholz falls while jogging and bruises his face by Sophia Chen September 2, 2023 September 2, 2023 German Chancellor sustains facial bruising from jogging fall, prompting weekend appointment cancellations.
Bookmark IndonesiaAsia PacificBusinessHannoverOlaf Scholz Germany Takes Action to Reduce Dependency on China: EU-Indonesia Trade Pact Announced by Lucas Garcia April 16, 2023 April 16, 2023 German Chancellor Olaf Scholz said that he wants to make a trade agreement between the European Union and Indonesia. This will help Germany to get raw materials from other countries …