History of Germany since 1990 Helmut Kohl was reelected as Chancellor for his fifth and last term. The ruling liberal-conservative coalition government, consisting of the CDU/CSU and the FDP, lost the German federal election, 1998, and Gerhard Schröder was elected as Chancellor, the head of a coalition government consisting of his own SPD party and The Greens. Joschka Fischer, a leading Green politician, became Vice Chancellor and Foreign Minister. Shortly after the formation of the government, Minister of Finance Oskar Lafontaine, a former SPD chairman and rival of Schröder, resigned from the cabinet. He was succeeded as Minister of Finance by Hans Eichel. In 1998,
Vice-Chancellor of Germany Since 1966, it has often been held by the Minister of Foreign Affairs. It is the Chancellor who chooses which minister serves as Vice Chancellor. Since coalition governments are common in German politics, the Vice Chancellor is in most cases a minister of the junior coalition partner, often the respective party leader. In case of the Chancellor's absence, the Vice Chancellor acts in his or her place, for instance by heading Cabinet meetings. The Vice Chancellor will not automatically become Chancellor for the rest of the term if the Chancellor dies or becomes unable to fulfill his or her duties