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Free AccessThe junior partner in Chancellor Angela.....>
GERMANY: The junior partner in Chancellor Angela Merkel's governing coalition,
the centre-left Social Democratic Party (SPD), will announce the winners of its
leadership election on Saturday.
- The outcome will have significant implications for the future of the federal
coalition, with the two sets of candidates for the leadership having very
different views on the continuation of the government.
- Like the Greens, the SPD will have a male-female co-leaders system.
- The 2 sets of candidates are FinMin and Dep. Chancellor Olaf Scholz with
former Brandenburg MP Klara Geywitz, and former North Rhine-Westphalia FinMin
Norbert Walter-Borjans with Bundestag member Saskia Esken.
- The Scholz-Geywitz pairing is viewed as the continuity option, favouring the
continuation of the SPD's coalition with Merkel's centre-right CDU.
- The Walter-Borjans-Esken team on the other hand has been critical of the
coalition, but have not yet advocated is dissolution.
- As well as approving the new leaders, party delegates will vote at party
conference (6-8 Dec) on whether to continue in coalition with Merkel's CDU.
To read the full story
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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.