Olaf Scholz

“Olaf Scholz, Germany's Social Democratic chancellor, has asked for a two-year postponement of reporting obligations.”

“Germany's Chancellor Olaf Scholz has ruled out an invitation before the war ends.”

“The Zeitenwende speech by Scholz in February 2022, days after Russia's full-scale invasion of Ukraine, created a €100 billion special fund and a commitment to reach 2%”

“Olaf Scholz has written to Ursula von der Leyen demanding the European Commission slash regulation, delay climate reporting rules and subsidise electricity prices for industry.”

“Scholz calls for a two‑year postponement of the Corporate Sustainability Reporting Directive, which since 2023 has required large companies to disclose climate risks and environmental impacts.”

“He wants fines waived for carmakers that miss the EU's 2025 fleet emission targets.”

“And he asks for subsidised electricity prices to shield energy‑intensive sectors from cost disadvantages against competitors in the United States and China.”

“The letter, obtained by POLITICO, arrives less than two months before a snap federal election that polls suggest the chancellor will lose.”