German Finance Minister Olaf Scholz will attend a regular meeting of euro zone finance ministers on Wednesday, despite losing a bid to lead his Socia
German Finance Minister Olaf Scholz will attend a regular meeting of euro zone finance ministers on Wednesday, despite losing a bid to lead his Social Democratic Party (SPD), a government source said on Monday.
Scholz, who is also vice chancellor, will return to Berlin for a meeting of senior SPD members on Thursday, ahead of a party conference starting on Friday, the source added.
Scholz and his running mate lost a vote for leadership of the SPD on Saturday to two strong leftist critics of the coalition with Chancellor Angela Merkel’s conservatives, putting Europe’s largest economy at a political crossroads.