A centre-left-led alliance of parties has announced a deal to form Germany's new government, putting the Social Democrats in charge for the first time in 16 years
The new German coalition's policy roadmap includes a plan to bring Germany's exit out of coal forward to 2030 from 2038.
In their pact, the incoming government said it will set up a crisis team to fight the health emergency. With the business-friendly FDP to run the powerful finance ministry, the leader of the party Christian Lindner is poised to take charge of Europe's biggest economy's finances.
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German parties reach deal for government to end Merkel era | AP NewsBERLIN (AP) — Three German parties have reached a deal to form a new government that will end the era of longtime Chancellor Angela Merkel, according to Olaf Scholz, who is poised to replace her. Scholz, of the center-left Social Democrats, said he expects that members of the parties will give their blessing to the deal in the next 10 days.
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German parties set to announce coalition deal to end Merkel eraSocial Democrat Olaf Scholz was preparing to take over as German chancellor after agreeing a coalition deal on Wednesday that aims to modernise Europe's largest economy, accelerate its green transition and bring the curtain down on the Angela Merkel era.
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Foreigners will get the best buzz off German weedBerlin is preparing to light up its recreational cannabis market. With potential sales taxes and savings of 5 bln euros a year, the move could give the economy added puff. But German players may at first have to play second fiddle to Canadians that dominate the medicinal market.
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German Business Sentiment Declined Again in NovemberBy Maria Martinez German business sentiment worsened again in November, as supply bottlenecks and the rise in coronavirus cases clouded the short-term...
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German soldiers face vaccine mandate as COVID cases riseThe German military is poised to make coronavirus vaccines mandatory for troops as COVID-19 infections continue to rise across the country.
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