BERLIN (Reuters) - Germany's Social Democrats will announce on Wednesday whether members have backed a treaty for a coalition with the CDU/CSU conservatives, potentially clearing the last hurdle for the formation of a new government in Europe's largest economy. Despite the SPD's historic low of just 16.4% of the vote, political experts say it secured key gains in the deal, leveraging the conservatives' lack of alternative paths to the chancellery for the next four years. The next coalition aims for example to invest heavily in Germany's infrastructure, raise the minimum wage to 15 euros ($17.01) per hour, keep pensions level at 48% of the current average wage and extend a cap on rents, according to the contract.
Author: Riham Alkousaa, Markus Wacket
Published at: 2025-04-29 22:08:00
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