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'Grand coalition' deal reached, new German government awaits ratification - reports | |
(35 minutes later) | |
Angela Merkel’s conservative bloc has finalized a deal with the Social Democratic Party (SPD) to form a new German government, according to reports. | |
Resurrecting the “grand coalition,” the SPD will take control of the foreign, finance, and labor and social affairs ministries, while the Christian Democratic Union (CDU) and Christian Social Union will have the ministry of economic affairs and the ministry of defense. | |
SPD leader Martin Schulz will serve as Germany's next foreign minister under the deal, according to BILD. SPD negotiators celebrated via social media, writing: "Tired but happy. There is a treaty! Finally. Now the final details are being worked into the text. Then the 35 SPD negotiators will assess it." | |
The coalition’s formation has come about despite sharp disagreements on a number of key issues between the two parties. In fact, back in November, Schulz ruled out any possibility of forming a new government with Merkel. Even with the unlikely political alliance near completion, Schulz still faces opposition within his own ranks from those who which to part ways with Merkel’s conservative bloc. | |
Around 450,000 SPD members still have to agree to the deal, a process expected to take around three weeks. Only after ratification will the new federal government formally come into effect. | |
If ratified, the deal would bring an end to months of negotiations which have dragged on since November’s parliamentary election. |