Olaf Scholz, the German Finance Minister, may have the best shot at forming a new German government after leading the Social Democratic Party of Germany into a narrow victory in Sunday’s parliamentary elections. The party won 25.7% of the vote over the weekend, while former leader Angela Merkel’s center-right Christian

Under the deal, the EU will create a single eurozone budget for investment and the promotion of economic convergence within its 19 member states. The bill also covered banking provisions and immigration, with Merkel and Macron announcing efforts for greater solidarity among EU states to coordinate European responses and reduce

While Western governments have been hesitant to support the initiative, firms from Germany and other western countries with large presences in Belt and Road countries have become vocal supporters. “Last February, German Chancellor Angela Merkel questioned whether China’s investment in Europe as part of the BRI was linked to political