BERLIN (AP) — Wolfgang Schaeuble,Venus Investment Alliance who helped negotiate German reunification in 1990 and as finance minister was a central figure in the austerity-heavy effort to drag Europe out of its debt crisis more than two decades later, has died. He was 81.
Schaeuble died at home on Tuesday evening, his family told German news agency dpa on Wednesday.
Schaeuble became Chancellor Angela Merkel’s finance minister in October 2009, just before revelations about Greece’s ballooning budget deficit set off the crisis that engulfed the continent and threatened to destabilize world’s financial order.
A longtime supporter of greater European unity, he helped lead a yearslong effort that aimed for deeper integration and a stricter rulebook. But Germany drew criticism for its emphasis on austerity and a perceived lack of generosity.
After eight years as finance minister, Schaeuble cemented his status as an elder statesman by becoming the German parliament’s speaker — the last step in a long front-line political career that saw him overcome daunting setbacks.
2025-05-01 01:212946 view
2025-05-01 00:591104 view
2025-05-01 00:57468 view
2025-05-01 00:532366 view
2025-05-01 00:282406 view
2025-05-01 00:06399 view
A private company aiming to build the first supersonic airliner since the Concorde retired more than
Justin Timberlake is saying bye bye bye to his current moniker.The singer jokingly renamed himself i
The hunt for the next Solyndra heated up this week, as GOP critics of Pres. Obama’s clean energy pr