Olaf Scholz

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Hubertus Väth, CEO of marketing group Frankfurt Main Finance, said that moving euro clearing from London to Frankfurt was “on top of our priority list from the very first day after the Brexit referendum”.

Deutsche Bank has moved almost half its euro clearing activities from London to Frankfurt, in the latest sign of European cities winning financial bus(...)

German chancellor Angela Merkel greets French president Emmanuel Macron on Tuesday during German-French government consultations near Gransee in Germany. Photograph: Michele Tantussi/Getty Images

The Republic has joined 11 other euro-zone countries in signing a joint email urging a wide-ranging discussion among European Union leaders next week (...)

German finance minister Olaf Scholz and his French counterpart Bruno Le Maire agreed the terms of the proposal. Photograph: EPA

The Department of Finance has played down moves by France and Germany to advance plans for a common corporation tax regime across the euro zone, a mov(...)

Greece crisis

If you want to start a war of independence, you must have guns, and for that you need either cash or a bank loan. In the 1820s, the Greeks, who were a(...)

German chancellor Angela Merkel and  leader of the conservative Christian Social Union (CSU) Horst Seehofer: Mr Seehofer has the backing of his party to push through his plan on Monday, which would force Dr Merkel to sack him. Photograph:  Odd Andersen/AFP/Getty Images

The fronts in Germany’s government crisis hardened on Friday when chancellor Angela Merkel was accused by her Bavarian allies of “splitting” Europe in(...)

France’s Minister for the Economy and Finance Bruno Le Maire, left,  and German finance minister Olaf Scholz give a joint press conference after an informal Ecofin meeting of EU finance minister in Sofia on April 28th. Photograph:  AFP PHOTO / STRSTR/AFP/Getty Images

European Commission proposals to tax digital multinationals’ profits received a cool reception from EU finance minister at an informal Ecofin meeting (...)

Minister for Finance and Public Expenditure and Reform, Paschal Donohoe: ‘You don’t develop tax policy with reference to particular companies and that is an approach I will continue to maintain.’ Photograph: Gareth Chaney Collins

Minister for Finance Paschal Donohoe has said Ireland is not getting enough recognition in Europe for its tax reform efforts. In Berlin, Mr Donohoe s(...)

The Reichstag building, seat of the German parliament Bundestag, in Berlin. While Andrea Nahles polishes the SPD’s left-wing brasses, Merkel is braced for CDU conservatives challenging the European reform agenda. Photograph:  EPA/Alexander Becher

The unit of time in Germany is not the minute, the hour or even the day, but the week. And it’s 24 weeks –- nearly half a year – since German voters c(...)

SPD treasurer Dietmar Nietan and temporary party leader Olaf Scholz announcing at  party headquarters in Berlin that  members had voted for a new coalition.  Photograph: AP Photo/Markus Schreiber

Europe breathed a sigh of relief on Sunday as Germany’s five-month political deadlock ended with a fourth term for Angela Merkel. After heated debat(...)

To win over the Social Democrats and secure a fourth term as chancellor, Angela Merkel has surrendered to the key finance, foreign and labour portfolios to the SPD, led by Martin Schulz. Photograph: Carsten Koall/Getty Images

Angela Merkel is nobody’s fool. After Germany’s federal election, way back in September, the chancellor looked on with interest as Social Democrat (SP(...)

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