Germany's Scholz to remain finance minister if elected SPD leader -party source

BERLIN, Aug 16 (Reuters) - German Finance Minister Olaf Scholz plans to keep his post even if he is elected leader of his Social Democrats, a source in the centre-left party said on Friday.

An SPD spokeswoman had earlier confirmed local media reports that Scholz had expressed readiness to run in SPD's leadership race, which is expected to take place in early December.

(Reporting by Holger Hansen Writing by Joseph Nasr Editing by Alexander Ratz and Thomas Seythal)