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German Chancellor Olaf Scholz faces scrutiny over his ties to the €36 billion "cum-ex" tax fraud scandal as he prepares for a parliamentary investigation. Critics question whether he adequately addressed allegations involving HSH Nordbank during his tenure as Hamburg's mayor, amid concerns about the effectiveness of ongoing investigations into financial crimes. The situation complicates Scholz's political standing ahead of the February election, with his coalition recently collapsing.
M.M. Warburg & Co.
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Germany's Tax Fraud Scandal Deepens as Scholz Faces Scrutiny Ahead of Election
Euro
HSH Nordbank AG
M.M. Warburg & Co.
DEU
DNK
FRA
Farid Müller
Christian Olearius
Christian Lindner
Anne Brorhilker
Julia Klöckner
Olaf Scholz
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04:01 06.12.2024
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