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.
2025-05-03 15:261105 view
2025-05-03 15:161234 view
2025-05-03 14:56658 view
2025-05-03 14:101079 view
2025-05-03 14:091884 view
2025-05-03 13:382944 view
FRANKFORT, Ky. (AP) — Kentucky plans to provide state employees with paid time off so they can bond
RALEIGH, N.C. (AP) — North Carolina officials downgraded a projected state revenue surplus through m
The Emmy Award-winning "CBS News Sunday Morning" is broadcast on CBS Sundays beginning at 9:00 a.m.