Veteran German politician Wolfgang Schaeuble passes away at 81

Wolfgang Schaeuble, a stalwart of German politics, has died at the age of 81, marking the conclusion of one of Germany's lengthiest political careers. As a member of the German parliament for over 50 years, Schaeuble played a pivotal role in the reunification of Germany and later served as Angela Merkel's finance minister during the eurozone debt crisis.

His passing was confirmed by a spokesperson for the center-right Christian Democrats (CDU) on Wednesday, expressing that Schaeuble died peacefully late Tuesday. A member of the CDU since 1965 and in the parliament since 1972, Schaeuble's contributions to German politics have left an indelible mark.

Chancellor Olaf Scholz expressed mourning over Schaeuble's death, recognizing him as a "sharp thinker, passionate politician, and pugnacious democrat." CDU leader Friedrich Merz shared his deep grief, describing Schaeuble as his dearest friend and adviser in politics. Tributes poured in from France as well, with Finance Minister Bruno Le Maire expressing "profound sadness" and acknowledging Schaeuble's role as a friend and craftsman of Franco-German friendship.

Known for navigating Germany through the eurozone crisis and influencing conservative bloc policies, Schaeuble's legacy leaves an enduring impact on German political history.