Free Trial

BBG-Cabinet Taking Shape; FDP Get Finance, Greens VC & Foreign Ministry

GERMANY

Earlier this morning Bloomberg ran a storyoutlining the potential lineup of a 'traffic light' cabinet under presumptive Chancellor Olaf Scholz.

  • Their expectation is for head of the liberal, pro-business Free Democrats (FDP) - Christian Lindner - to be offered the coveted finance ministry.
  • In exchange for providing the more spendthrift FDP with the finance ministry, the Greens will be offered the Vice-Chancellery and a new beefed-up environment ministry (both taken by Robert Habeck) as well as the foreign ministry for Annelena Baerbock.
  • BBG also reporting that Scholz is aiming for the week of 6 December for the process to be complete and for his swearing-in ceremony to take place, officially ending Angela Merkel's 16-year tenure at the chancellery.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.