Three German parties reach coalition deal to end Merkel era

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By Andreas Rinke and Sarah Marsh BERLIN (Reuters) – German Social Democrat Olaf Scholz said on Wednesday he had reached a coalition deal to form a new government that will try to modernise Europe’s largest economy and bring the curtain down on the Angela Merkel era. Scholz’s centre-left Social Democrats (SPD), the ecologist Greens and the libertarian Free Democrats (FDP) want to accelerate the transition to a green economy and digitalisation while maintaining fiscal discipline, according to a 177-page agreement. The alliance – named a traffic light coalition after the three parties’ respective…

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