The Fort Worth Press - Boring to 'historic': the awakening of Germany's Olaf Scholz

USD -
AED 3.67295
AFN 66.00018
ALL 80.066009
AMD 365.249926
ANG 1.789783
AOA 917.999667
ARS 1494.994298
AUD 1.411353
AWG 1.8
AZN 1.713532
BAM 1.689844
BBD 2.014455
BDT 122.025082
BGN 1.696366
BHD 0.377025
BIF 2987.5
BMD 1
BND 1.278101
BOB 11.57661
BRL 5.215298
BSD 1.000186
BTN 95.649807
BWP 13.500717
BYN 3.042111
BYR 19600
BZD 2.011569
CAD 1.39041
CDF 2270.000582
CHF 0.812175
CLF 0.023452
CLP 923.070272
CNY 6.743298
CNH 6.74695
COP 3115
CRC 449.280935
CUC 1
CUP 26.5
CVE 95.270804
CZK 20.90175
DJF 177.71974
DKK 6.457785
DOP 58.739626
DZD 132.910036
EGP 50.530501
ERN 15
ETB 161.79626
EUR 0.86381
FJD 2.208964
FKP 0.73738
GBP 0.738805
GEL 2.597447
GGP 0.73738
GHS 11.084996
GIP 0.73738
GMD 73.495518
GNF 8786.186101
GTQ 7.629268
GYD 209.249883
HKD 7.843885
HNL 26.817351
HRK 6.5088
HTG 130.825457
HUF 316.033501
IDR 17879
ILS 2.994501
IMP 0.73738
INR 95.78175
IQD 1310.281367
IRR 1374574.999375
ISK 122.830168
JEP 0.73738
JMD 158.0373
JOD 0.708972
JPY 159.589498
KES 129.440318
KGS 87.450282
KHR 4043.000285
KMF 424.99973
KPW 900.000294
KRW 1412.889818
KWD 0.30877
KYD 0.833492
KZT 461.941214
LAK 22540.942885
LBP 89566.055097
LKR 331.989787
LRD 181.533065
LSL 16.225889
LTL 2.95274
LVL 0.60489
LYD 6.372987
MAD 9.293278
MDL 17.253028
MGA 4307.91296
MKD 53.154037
MMK 2099.801401
MNT 3596.870401
MOP 8.080213
MRU 40.113705
MUR 47.000387
MVR 15.449939
MWK 1734.288331
MXN 17.071398
MYR 4.059898
MZN 63.90505
NAD 16.225889
NGN 1350.07937
NIO 36.807113
NOK 9.41944
NPR 153.044147
NZD 1.702455
OMR 0.384477
PAB 1.000168
PEN 3.368628
PGK 4.494615
PHP 61.854958
PKR 277.579544
PLN 3.73572
PYG 6034.292824
QAR 3.656087
RON 4.530701
RSD 101.410313
RUB 84.900741
RWF 1473.708766
SAR 3.746587
SBD 8.032258
SCR 13.871434
SDG 601.495489
SEK 9.539055
SGD 1.278475
SHP 0.740866
SLE 24.575006
SLL 20969.499227
SOS 571.633467
SRD 37.967015
STD 20697.981008
STN 21.16841
SVC 8.751625
SYP 13001.999906
SZL 16.214138
THB 33.10203
TJS 9.241503
TMT 3.51
TND 2.92919
TOP 2.40776
TRY 47.914301
TTD 6.782414
TWD 31.9439
TZS 2649.998035
UAH 44.804538
UGX 3730.824229
UYU 40.349581
UZS 11822.340881
VES 771.57685
VND 26177
VUV 118.338592
WST 2.726312
XAF 566.740682
XAG 0.015674
XAU 0.00023
XCD 2.70255
XCG 1.802598
XDR 0.707052
XOF 566.75782
XPF 103.042635
YER 237.125047
ZAR 16.266201
ZMK 9001.202368
ZMW 18.677991
ZWL 321.999592
  • JRI

    -0.0400

    12.44

    -0.32%

  • CMSC

    -0.1200

    21.24

    -0.56%

  • CMSD

    -0.0900

    21.09

    -0.43%

  • BCC

    -1.7600

    80.18

    -2.2%

  • BCE

    0.0100

    23.36

    +0.04%

  • RBGPF

    -2.6900

    68.65

    -3.92%

  • RIO

    -0.5200

    96.69

    -0.54%

  • NGG

    0.8600

    82.15

    +1.05%

  • RYCEF

    0.2200

    21.06

    +1.04%

  • RELX

    0.9500

    34.51

    +2.75%

  • BP

    0.5600

    43.41

    +1.29%

  • GSK

    0.8700

    51.15

    +1.7%

  • VOD

    -0.0700

    16.13

    -0.43%

  • AZN

    3.2100

    160.1

    +2%

  • BTI

    0.6500

    56.38

    +1.15%

Boring to 'historic': the awakening of Germany's Olaf Scholz
Boring to 'historic': the awakening of Germany's Olaf Scholz

Boring to 'historic': the awakening of Germany's Olaf Scholz

Often described as predictable and "robotic", Chancellor Olaf Scholz has become emboldened since Russia's invasion of Ukraine, smashing policy taboos to steer Germany into "a new era" that could reshape its role on the world stage.

Text size:

Just a few weeks ago, German media were openly asking "where is Scholz?", slamming the Social Democrat's perceived lack of leadership on pressing issues like the coronavirus pandemic and worsening Ukraine crisis.

But Moscow's attack on Ukraine last week has jolted the chancellor into action, culminating in what commentators have called a "historic" speech on Sunday.

Scholz, who has only been in office three months, spoke with uncharacteristic clarity when he unveiled a slew of defence and foreign policy shifts that promise to upend Germany's decades-long reluctance to raising its military profile.

"The Ukraine crisis has changed the chancellor. And now he's changing our country," the top-selling Bild daily wrote.

Addressing an emergency parliamentary session, Scholz told the nation that "we are now in a new era".

In a country haunted by post-war guilt, Scholz assured Germans that they were "on the right side of history" as Ukraine's allies.

Among the headline-grabbing announcements was a pledge to earmark 100 billion euros ($113 billion) this year alone to modernise the chronically underfunded the army, called the Bundeswehr.

Scholz also said that Europe's biggest economy would commit to spending more than two percent of Germany's gross domestic product on defence annually, surpassing even NATO's target.

His coalition government had earlier already reversed a ban on sending weapons to Ukraine, and halted the Nord Stream 2 gas pipeline between Germany and Russia.

The move came as a relief to the United States and European partners, who had begun to question Berlin's resolve in standing up to Moscow.

Some observers have speculated that it was perhaps no coincidence that Russian President Vladimir Putin timed his invasion after the departure of veteran chancellor Angela Merkel.

He had built a working relationship with her based on mutual respect and a shared history of living in ex-communist East Germany.

But if he sensed weakness in Berlin while the new government found its footing, his radical actions appear to have galvanised not just Scholz, but the nation.

More than 100,000 people took to the streets in Berlin at the weekend to protest against Russia's invasion.

- Surprises -

Der Spiegel weekly, which once described Scholz as "the embodiment of boredom in politics", praised the chancellor for displaying "the leadership that had been missing in recent weeks".

"Scholz, who is often rhetorically vague, has left no doubt about his determination," Spiegel wrote.

But Scholz has surprised observers before.

As Merkel's finance minister, he suspended Germany's cherished debt brake to unleash a "bazooka" in pandemic aid, and crossed a previous red line by backing a European Union recovery package partially funded by joint borrowing.

He also came from behind to win last year's general election, staying true to his boring-but-reliable persona while avoiding the gaffes that brought down rivals from the Green party and from Merkel's conservative camp.

He now heads Germany's first-ever three-way coalition, consisting of the Social Democratic Party (SPD), the Greens and the pro-business FDP.

Scholz's policy reversals mark a turning point for his centre-left SPD, which has historically championed close ties with Russia.

- 'Naive' -

Russia's war-mongering is a "rude awakening" that has forced the SPD "to throw decades-old convictions overboard", the conservative Frankfurter Allgemeine daily wrote.

Scholz has also distanced himself from former SPD chancellor Gerhard Schroeder, whose close friendship with Putin and Russian business dealings have become an embarrassment to the party.

At the same time, Scholz's new path marks a sharp break with the commerce-driven pragmatism of the Merkel years in dealing with Russia.

Merkel's emphasis on trade and dialogue with an increasingly belligerent Moscow during her four terms in office will now be seen in a different light, political scientist Ursula Muench told AFP.

"We will no longer praise her negotiating skills, but ask whether she and her government were too naive about Putin," she said.

A.Nunez--TFWP