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International Business Times
International Business Times
Business
Mingo Isolde LORENZEN

Ex-banker And Scholz Ally: Germany's New Finance Minister

Germany's new Finance Minister Joerg Kukies inherits the job at a turbulent time for German politics (Credit: AFP)

Joerg Kukies, Germany's new finance minister, is a former investment banker who has long been one of Chancellor Olaf Scholz's closest advisers, most recently as a state secretary.

The German leader first brought Kukies into the corridors of power in Berlin in 2018, when Scholz was finance minister under Angela Merkel -- a move that caused much consternation in his centre-left Social Democratic Party (SPD).

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