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,
Chancellor of Germany was usually held by Archbishops of Mainz. The title was, at times, used in several states of German-speaking Europe. The modern office of chancellor was established with the North German Confederation, of which Otto von Bismarck became "Bundeskanzler" (meaning "Federal Chancellor") in 1867. With the enlargement of this federal state to the German Empire in 1871, the title was renamed to "Reichskanzler" (meaning "Chancellor of the Realm"). With Germany's constitution of 1949, the title of "Bundeskanzler" was revived. During the various eras, the role of the chancellor has varied. From 1867 to 1918, the chancellor was the only responsible minister