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Viewsroom

Viewsroom: Angela Merkel faces early retirement

Viewsroom

Reuters

News

4.4 • 58 Ratings

🗓️ 5 December 2019

⏱️ 22 minutes

🧾️ Download transcript

Summary

The German chancellor’s administration is in peril after coalition partner SPD chose left-wingers to lead the party. A snap 2020 election would probably end her 14 years in power and remove another of the world’s centrist governments. Plus: Australia’s colossal bank scandal. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Where do you find a clear signal in a world of static?

0:03.2

In a time of rapid change cut through the noise,

0:06.2

the economist goes beyond the headlines to decode the forces shaping today and defining tomorrow.

0:12.7

Get the full story.

0:14.1

It's more than news.

0:15.4

It's a trusted global perspective.

0:17.7

The economist know which way is up.

0:20.8

The views expressed on this podcast are those of the participants. perspective. The economist know which way is up.

0:26.8

The views expressed on this podcast are those of the participants, not of Roiders News.

0:35.2

Hello, you're listening to the Views Room, brought to you by Reuters Breaking Views.

0:38.0

I'm Jennifer Sabah. I'm joined by my colleague today, Anna Schumansky. Hi, Anna. Hello. And in this edition, we will discuss Germany's wobbly

0:43.5

government, and we will have Liam Proud, who will dial in from London, to take us through

0:49.0

the ramifications of that. And then later in the program, our Hong Kong Bureau will walk you through

0:53.9

one of the

0:54.5

biggest bank scandals to hit Australia. But first, German Chancellor Angela Merkel's government

1:00.7

is hanging by a thread. Liam, can you explain what happened over the weekend?

1:06.3

So as our listeners might or might not know, the German government is a slightly unusual coalition

1:13.1

between the two main parties. It's the conservative Christian Democrats, which is Angela Merkel's

1:19.7

party, and the social democrats called the SPD, who are kind of centre-left. It's almost the

1:25.7

equivalent of the Democrats and Republicans being in coalition together, or Britain's Labour and Conservative Party is the two traditionally largest parties.

1:34.4

Now, the SPD, which is the centre-left party, has been without a leader since roughly the spring, and they have recently elected a leader who is not the person that

1:46.8

everybody expected it would be. Everyone expected it would be finance minister Olaf Schultz.

...

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