Schaeuble backs business candidate to succeed Merkel as party leader: Spiegel

German Parliament Wolfgang Schaeuble addresses the parliament before the start of the 2019 budget debate at the lower house of parliament Bundestag in Berlin, Germany, September 11, 2018. REUTERS/Hannibal Hanschke/File Photo

BERLIN (Reuters) – Wolfgang Schaeuble, president of Germany’s parliament and one of the most senior politicians in Chancellor Angela Merkel’s Christian Democrats (CDU), is backing a pro-business right-winger to succeed her as party leader, Der Spiegel reported. Backing from Schaeuble, the former finance minister who drove Europe’s fiscally austere response to southern Europe’s debt crisis […]

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