Germany Finance Minister Schäuble to be Parliament’s new speaker: Sources

BERLIN: German media report that Finance Minister Wolfgang Schäuble is set to become parliament’s new speaker. A likely partner in the country’s next government is welcoming the move.

News agency dpa and Bild newspaper reported on Wednesday that caucus leaders will propose Schaeuble ahead of parliament’s first meeting next month.

The news outlets cited unidentified officials in Chancellor Angela Merkel’s Union bloc,

The biggest caucus traditionally provides the speaker. The prestigious job is vacant after incumbent Norbert Lammert stepped down.

Schaeuble has been a key figure in eurozone rescue efforts. Becoming speaker would take him out of government.

Christian Lindner, leader of the Free Democrats — one of two parties with which Merkel will attempt to form a government — offered his support.

He says Schaeuble has “natural authority” that will serve parliament well.

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