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 as in the Prussian tradition of, for instance, Hardenberg. In both of these aspects, the executive of the federation, and then empire, as it was formed in 1867 and 1871, was deliberately different from the Imperial Ministry of the revolutionary years 1848/49, which had been led by a prime minister elected by the National Assembly. In 1871, the concept of the federal chancellor was transferred to the executive of the newly formed German Empire, which now also contained the South German states. Here too, the terms of “chancellor” and “federal agency” (as opposed to “ministry” or “government”) suggested an (apparent)