Commodities and Futures News

Germany’s Scholz says Biden’s decision to drop reelection bid ‘deserves recognition’

2024.07.21 16:46

FRANKFURT (Reuters) – German Chancellor Olaf Scholz said on Sunday that U.S. President Joe Biden’s decision to drop his reelection bid deserved recognition, and praised his achievements including strengthening the NATO military alliance.

© Reuters. FILE PHOTO: German Chancellor Olaf Scholz attends a cabinet meeting at the Chancellery in Berlin, Germany, July 17, 2024. REUTERS/Liesa Johannssen/File Photo

“Joe Biden has achieved a great deal: for his country, for Europe, for the world,” Scholz said on X.

“Thanks to him, transatlantic cooperation is close, NATO is strong and the USA is a good and reliable partner for us. His decision not to run again deserves recognition.”



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