Rocked by ferocious attacks on her shadow finance minister just days before an election, German conservative leader Angela Merkel looked poised yesterday to rehabilitate a popular party heavyweight and former rival.
Merkel, who once appeared coasting towards a center-right coalition victory, has stumbled in the past 10 days as Social Democrat Chancellor Gerhard Schroeder has turned his fire on the radical tax plans of her finance expert Paul Kirchhof.
Merkel, in an interview published yesterday, appeared to endorse a suggestion from Kirchhof that the ideal finance team in a future government would be a "tandem" arrangement with prominent conservative politician Friedrich Merz.
It was unclear exactly what role might be played by Merz, who quit as party finance spokesman and deputy leader last year after a series of heated clashes with Merkel.
Talk of a Merz comeback, four days before Sunday's election, reflected conservative nerves in the face of a late surge by Schroeder, who is bidding to repeat his dramatic comeback victory at the 2002 election.
Polls this week show Merkel still well ahead of Schroeder but short of the majority she seeks to form a coalition with her preferred partners, the liberal Free Democrats.
That could force her to team up instead with Schroeder's Social Democrats, an outcome which many Germans seem to favor.
Financial markets doubt whether such a "grand coalition" could force through radical reforms to bring down the 11.6 percent jobless rate, spur growth and cut debt.
Merkel's choice of Kirchhof, a leading academic and lawyer but a political novice, has presented Schroeder with an irresistible target for attack.
Schroeder has portrayed him as a man living on another planet, and said he would reallocate wealth from the poor to the rich by taxing bus drivers at the same rate as millionaires.
"A uniform tax rate of 25 percent means a gigantic redistribution from the bottom to the top," Schroeder told Hanover's Neue Presse newspaper.
In a series of increasingly heated exchanges, Merkel has accused the chancellor of deliberately lying about conservative policy, which would cut income and payroll taxes while raising sales tax to 18 from 16 percent.
Schroeder insisted yesterday that he will not form an alliance with the new Left Party after this weekend's German election and dismissed as "absurd" speculation over other possible coalitions.
Buoyed by polls this month that have shown his party clawing back support, Schroeder said his aim was "for the Social Democrats to be the strongest party."
Merkel still appears likely to emerge as chancellor. But recent polls have raised the possibility that an alliance of Schroeder's current coalition -- the Social Democrats and Greens -- with the Left Party, a combination of ex-communists and former Social Democrats alienated by the chancellor's welfare state reforms, could garner enough support to rule together.
Still, all three parties have dismissed the idea of forming a three-way coalition, which would face major policy and personality clashes.
"Such a coalition is completely out of the question," Schroeder said, adding that "there will no form of collaboration" with the new party.
STEPPING UP: Diminished US polar science presence mean opportunities for the UK and other countries, although China or Russia might also fill that gap, a researcher said The UK’s flagship polar research vessel is to head to Antarctica next week to help advance dozens of climate change-linked science projects, as Western nations spearhead studies there while the US withdraws. The RRS Sir David Attenborough, a state-of-the-art ship named after the renowned British naturalist, would aid research on everything from “hunting underwater tsunamis” to tracking glacier melt and whale populations. Operated by the British Antarctic Survey (BAS), the country’s polar research institute, the 15,000-tonne icebreaker — boasting a helipad, and various laboratories and gadgetry — is pivotal to the UK’s efforts to assess climate change’s impact there. “The saying goes
FRUSTRATIONS: One in seven youths in China and Indonesia are unemployed, and many in the region are stuck in low-productivity jobs, the World Bank said Young people across Asia are struggling to find good jobs, with many stuck in low-productivity work that the World Bank said could strain social stability as frustrations fuel a global wave of youth-led protests. The bank highlighted a persistent gap between younger and more experienced workers across several Asian economies in a regional economic update released yesterday, noting that one in seven young people in China and Indonesia are unemployed. The share of people now vulnerable to falling into poverty is now larger than the middle class in most countries, it said. “The employment rate is generally high, but the young struggle to
ENERGY SHIFT: A report by Ember suggests it is possible for the world to wean off polluting sources of power, such as coal and gas, even as demand for electricity surges Worldwide solar and wind power generation has outpaced electricity demand this year, and for the first time on record, renewable energies combined generated more power than coal, a new analysis said. Global solar generation grew by a record 31 percent in the first half of the year, while wind generation grew 7.7 percent, according to the report by the energy think tank Ember, which was released after midnight yesterday. Solar and wind generation combined grew by more than 400 terawatt hours, which was more than the increase in overall global demand during the same period, it said. The findings suggest it is
TICKING CLOCK: A path to a budget agreement was still possible, the president’s office said, as a debate on reversing an increase of the pension age carries on French President Emmanuel Macron yesterday was racing to find a new prime minister within a two-day deadline after the resignation of outgoing French Prime Minister Sebastien Lecornu tipped the country deeper into political crisis. The presidency late on Wednesday said that Macron would name a new prime minister within 48 hours, indicating that the appointment would come by this evening at the latest. Lecornu told French television in an interview that he expected a new prime minister to be named — rather than early legislative elections or Macron’s resignation — to resolve the crisis. The developments were the latest twists in three tumultuous