'He has broken my trust too many times', the chancellor said of his finance minister.
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00:00The German traffic coalition has officially failed.
00:05Chancellor Olaf Scholz announced on Wednesday that he has fired Finance Minister Christian Lindner.
00:11Inter-party fighting has escalated over the past three years,
00:15with the rift becoming irreparable during the 2025 household budget discussions.
00:21Too often, Federal Minister Lindner has blocked laws out of the question.
00:26Too often, he has acted in a small-scale, party-political manner.
00:30Too often, he has broken my trust.
00:33He even announced on one side the agreement on the household again,
00:37after we had already agreed on this in long negotiations.
00:41There is no basis of trust for further cooperation.
00:45Such serious government work is not possible.
00:49Scholz has said he will put a vote of confidence to the German parliament in January,
00:54and if he loses, then early elections could be held as early as March next year.
01:00The dramatic break-up comes just hours after the US elected President Donald Trump for a second time,
01:07that is expected to increase pressure on the EU and Germany in particular.
01:12German President Steinmeier is expected to deliver a statement on Thursday morning.
01:18Liv Stroud, in Berlin, for Euronews.