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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Schaeuble, veteran of German politics, dies at 81

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BERLIN: Wolfgang Schaeuble, who served as a member of the German parliament for over half a century, has died aged 81, ending one of Germany’s longest political careers in which he helped secure his country’s place at the heart of Europe.


Schaeuble devoted much of his career to re-unifying his country and later served as former chancellor Angela Merkel’s finance minister during the eurozone debt crisis. He died peacefully late on Tuesday, a spokesperson for the centre-right Christian Democrats (CDU) said on Wednesday.


Schaeuble was born in 1942 in the southern city of Freiburg and had been a member of parliament without interruption since 1972.


“Germany has lost a formative Christian Democrat who loved to argue and yet never lost sight of what politics is all about: making life better for citizens,” said German Chancellor Olaf Scholz in a statement.


As interior minister, Schaeuble, who represented the West, was key in drawing up the terms of Germany’s reunification treaty, signed in August 1990, after the fall of the Berlin wall.


“He epitomised post-war democratic Germany like few others,” said Interior Minister Nancy Faeser.


The CDU praised Schaeuble’s commitment to stability and responsibility in financial matters, saying “his legacy will live on in the annals of German and European history”.


As finance minister, Schaeuble pulled the strings of Germany’s policy response to the eurozone crisis, securing support on the right of Merkel’s conservative bloc for three Greek bailouts. — Reuters


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