In 1998 he led the Social Democrats to a national electoral victory over the Christian Democrats and Helmut Kohl, Germany's chancellor since 1982.
SchrOder came to power as a representative of a pragmatic "new middle" similar to those proclaimed by U.S. president Bill Clinton and British prime minister Tony Blair.
The first months of SchrOder's chancellorship were marked by policy disputes with his more strongly socialist finance minister (and Social Democratic party chairman) Oskar Lafontaine, who resigned in Mar., 1999.