EU News: German Finance Minister Christian Lindner hopes ‘specter haunts Europe’ | Politics | New

Christian Lindner, leader of the Liberal Democratic Party of Germany, has been cited on several occasions for the post of Minister of Finance. However, fears have arisen across Europe that Mr Lindner will be appointed Federal Minister of Finance.

According to reports, the role of federal finance minister is a dream job for the current leader of the Free Democratic Party.

After the election in Germany for the Bundestag, it became clear that the choice of Mr Lindner as Federal Minister of Finance was not the preferred choice across Europe.

Hans-Jürgen Moritz, German author and Brussels correspondent for Online Focus, said it was important for European Union politicians to oppose the appointment of Mr Lindner as Federal Minister of Finance.

He said: “A specter haunts Europe – the specter is Christian Lindner.

“There will be no new federal government without him. And his dream job is to be finance minister.

“Many EU partners are afraid of it. Under Lindner, they fear a new version of the German debt brake – Berlin could shut off the money tap Angela Merkel just opened wide in tandem with French President Emmanuel Macron.

The expert added: “It was important that Italian Prime Minister Mario Draghi said in a rather undiplomatic manner: Lindner, as Minister of Finance, would have virtually no European political power in the next federal cabinet.

But Italy has not escaped the potential dangers Mr Lindner’s appointment could have across Europe.

The Italian newspaper “La Repubblica” suspected that he “would want to return to fiscal (and monetary) austerity as soon as possible” if Mr Lindner was appointed to the post.

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And it seemed the Italian newspaper’s concerns were ringing true, as Mr Lindner did not refute it – as a recent tweet from him shows.

He tweeted: “The highest inflation rate since 1993 is another reason to keep an eye out for relief in society and the return to solid finances.”

The Greek newspaper “Kathimerini” also joined La Repubblica in expressing concerns over Mr Lindner’s appointment.

They wrote that Mr Lindner’s potential appointment as federal finance minister would be “bad news”.

Meanwhile, the German economic news weekly “Wirtschaftswoche” acknowledged that there was a real prospect that after the German election the potential appointment of Mr Lindner would become a real prospect.

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They said: “Since Germany voted, one topic of conversation has dominated the capitals of the EU: Will Christian Lindner be the next Federal Minister of Finance?

The Frugal Four, the austerity-oriented European quartet of Austria, Denmark, Sweden and the Netherlands, have defended the potential appointment of Christian Lindner.

They said, “Lindner would be ideal. We just don’t think he can get away with the debt brake the way he thinks he does. “

However, regardless of who supports the potential future Federal Minister of Finance, it is clear that Mr Lindner will face a number of obstacles in his new role.

Mr Moritz said: “Lindner will need to immediately prove himself bilaterally between Europe’s two largest economies from the start of his presumably imminent tenure.”

Additional reporting by Monika Pallenberg

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