BERLIN: German Finance Minister Olaf Scholz will run for the leadership of the Social Democrats with a female colleague from the former communist east on a ticket that represents a commitment to the coalition with Angela Merkel's conservatives.
"This is about finding new Social Democratic answers to new times," wrote Scholz, 61, and Geywitz in a letter to the SPD. As finance minister and deputy chancellor to Merkel, Scholz is a figurehead of the"grand coalition". Geywitz was in the negotiating team that agreed the coalition deal with the conservatives. This combination, said commentators, pointed to a clear commitment to continuing the"grand coalition".
A former mayor of Hamburg, Scholz is unpopular with the SPD's left wing for sticking to strict fiscal rules introduced by his conservative predecessor as finance minister, Wolfgang Schaeuble.
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