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He has secured a more business-friendly finance minister, in the shape of Hans Eichel.
ECONOMIST: Schr?der��s struggle
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Hans Eichel, a former premier of the state of Hesse, became Germany's finance minister after Oskar Lafontaine resigned.
ECONOMIST: Heads roll
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Hans Eichel, a former finance minister, suggests instead a lending facility with IMF-style conditions run by the European Commission.
ECONOMIST: Germany
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Mr Welteke has crossed swords with Hans Eichel, the finance minister, on the budget deficit which he wants reduced and on gold.
ECONOMIST: A tussle over the integrity of a once-great central bank
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Since then, the dull but dogged Hans Eichel has succeeded in steadying the economy and pointing it in the right direction.
ECONOMIST: Has Gerhard got it?
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German Finance Minister Hans Eichel said that Mr Wolfowitz is a "high level candidate, but there needs to be more discussions before" his election to the post of the development agency.
BBC: NEWS | UK | UK Politics | Straw defends Wolfowitz bank plan
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Hans Eichel, the finance minister, portrays all this not as an increase in taxes but as a closing of loopholes and cutting of subsidies making the tax system more efficient, you see.
ECONOMIST: German business
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"It is absolutely essential that no state aid is given before it is authorised - if it is authorised - by the European Commission, " Mr Monti said after meetings with Chancellor Gerhard Schroeder and Finance Minister Hans Eichel.
BBC: EU to examine Holzmann rescue