German coalition needs to prove its worth – Finance Minister Scholz

BERLIN (Reuters) - Germany's ruling grand coalition needs to show it is in step with the times and can deliver in the next two years, Finance Minister and Social Democrat (SPD) leadership candidate Olaf Scholz told the Sueddeutsche Zeitung newspaper. Scholz, who also serves as vice chancellor in the coalition, came first in a vote to elect a new SPD leader, the party said on Saturday, but he fell short of a majority.

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