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Berlin: Olaf Scholz elected as the new chancellor of Germany on Wednesday. He has ended the 16-year rule of Conservative Party under Angela Merkel.
Olaf Scholz is the leader of Social Democrat party (SPD) and he will lead a three-party alliance with the Greens and Free Democrats Party (FDP). SPD emerged as the largest party in general election held in September.
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Scholz was the vice chancellor and finance minister in Angela Merkel’s government. He also served as labour minister. He got a majority of 395 votes in the lower house of German parliament.
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