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German party leader calls for tougher fiscal, eurozone policies

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German party leader calls for tougher fiscal, eurozone policies

Germany's Free Democratic Party has not yet sought the finance ministry in coalition talks but is calling for a tougher stance on fiscal and eurozone policy, Reuters reported.

"For us, a change in fiscal policy is more important than a new minister," FDP leader Christian Lindner told Handelsblatt.

Wolfgang Schäuble, of the Christian Democratic Union, expressed his willingness to step down and lead the new parliament, paving the way for a new party to secure the finance minister role, which the FDP could eye. But conservative-bloc members could hold onto the finance ministry if neither the FDP nor the Greens takes it during coalition talks, Reuters reported.

"For us it's all about policy changes," Lindner said. "And we'll have to discuss this intensively."

He is against taking on new debt as a result of potentially cutting income taxes and increasing digital infrastructure investments, two of his party's key demands, according to the report.

The FDP leader also called for the introduction of an immigration law and an insolvency law.