Deutsche Bundesbank. The Pound to Euro exchange rate extended its foothold above 1.20 after the German government collapsed.

CDU leader Merz urges Chancellor Scholz to immediately seek vote of confidence in parliament, after his left-liberal ...

Asia-Pacific equity markets traded higher on Thursday, buoyed by a record rise for U.S. shares overnight, as investors mulled the implications of a Donald Trump presidency, while also eyeing policy ...

The chancellor’s left-leaning Social Democrats will now effectively lead a minority government with its remaining coalition partner.

Joerg Kukies, a member of Olaf Scholz's Social Democrats and a close ally of the chancellor, will be named Germany's new ...

Chancellor Olaf Scholz is now leading a minority government until a confidence motion on January 15, with an election expected by March.

German Chancellor Olaf Scholz’s economic adviser Joerg Kukies will replace Christian Lindner as finance minister, according to a government official, who asked not to be identified discussing ...

Germany enters a period of political uncertainty Thursday after its fragile three-party ruling coalition collapsed on the same day Donald Trump won the US election.

BERLIN - Germany's opposition conservatives urged Chancellor Olaf Scholz to allow a vote of confidence immediately and hold elections in January, the day after his rocky three-way coalition collapsed ...

German opposition leader Friedrich Merz said Chancellor Olaf Scholz should submit to a vote of confidence by early next week at the latest, paving the way for fresh elections as soon as ...

Germany’s leader is expected to lead the country with a minority government after the collapse of the coalition. Chancellor Olaf Scholz dramatically fired Finance Minister Christian Lindner of the pro ...

German Chancellor Olaf Scholz said Wednesday night that he has dismissed the finance minister, resulting in the collapse of his three-party coalition government. Scholz announced the dismissal of ...