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AP National Business

3 German parties aim to start formal coalition talks

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Published 6:31 AM

By GEIR MOULSON
Associated Press

BERLIN (AP) — Three German parties have announced that they aim to open formal coalition talks, moving a big step closer to a new government that would send outgoing Chancellor Angela Merkel’s center-right bloc into opposition. The prospective partners said Friday they have a major opportunity to modernize Europe’s biggest economy and combat climate change following their showings in Germany’s Sept. 26 election. The center-left Social Democrats, the environmentalist Greens and the pro-business Free Democrats, decided that they were ready to plunge into coalition negotiations after about a week of exploratory talks. If the talks are successful, Social Democrat Olaf Scholz will become Germany’s new leader. Scholz served as finance minister and vice chancellor in the outgoing government. 

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