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 (1949–present) German chancellor until the end of the Holy Roman Empire in 1806 while the Archbishop of Cologne was Chancellor of Italy and the Archbishop of Trier of Burgundy. These three Archbishops were also Prince-electors of the empire. Already in medieval times the chancellor had political power like Willigis of Mainz (Archchancellor 975–1011, regent for Otto III 991–994) or Rainald von Dassel (chancellor 1156–1162 and 1166–1167) under Frederick I. The modern office of chancellor was established with the North German Confederation, of which Otto von Bismarck became chancellor of the Confederation (official German title: "Bundeskanzler") in 1867. After unification of Germany