Tag: chancellor

UK Chancellor Brings Forward Debt-Cutting Plan to Oct. 31

The UK government’s plan to reduce debt will be published on Oct. 31, more than three weeks before it was originally due, Chancellor of the Exchequer Kwasi Kwarteng said on Monday. In a letter to Parliament’s Treasury Committee Chair Mel Stride, Kwarteng said he had decided to move up the date from Nov. 23 to Oct….

Ukraine Calls on Canada to Shelve Turbine Exemption as German Chancellor to Visit

Prime Minister Justin Trudeau is facing renewed calls from Ukraine to cancel a permit allowing turbines repaired in Montreal to be sent back to a Russian energy giant as a three-day visit from Germany’s leader gets underway. Chancellor Olaf Scholz, who took over from Angela Merkel in December last year, touched down in Montreal on…

Austria’s 3rd Leader in 2 Months Takes Office Seeking Stability

VIENNA—Austria’s third conservative chancellor in two months, Karl Nehammer, took office on Monday seeking to bring the coalition government out of months of scandal-tainted turmoil and guide the country out of its current coronavirus lockdown. Nehammer, 49, was sworn in by President Alexander Van der Bellen soon after 1 p.m. (12:00 GMT). As interior minister…