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 not even re-installed. In the 1871 German Empire, the imperial chancellor ("Reichskanzler") served both as the emperor's first minister, and as presiding officer of the Bundesrat, the upper chamber of the German parliament. He was neither elected by nor responsible to Parliament (the "Reichstag"). Instead, the chancellor was appointed by the emperor. The federal level had four organs: Technically, the foreign ministers of the empire's states instructed their states' deputies to the federal council (Bundesrat) and therefore outranked the chancellor. For this reason, Prince Bismarck (as he was from 1871 onwards) continued to serve as both prime minister and