Angela Merkel coalition deal maintains hardline on euro

German chancellor Angela Merkel clinched a coalition deal with the Social Democrats yesterday that preserved Berlin’s strict approach towards struggling European partners.

Angela Merkel coalition deal maintains hardline on euro

The agreement, spelled out in minute detail in a 185-page policy document entitled Shaping Germany’s Future, was struck two months after Merkel emerged victorious from an election but fell just short of a parliamentary majority.

The result forced Merkel into negotiations with her arch-rivals, with whom she ruled in an awkward “grand coalition” during her first term from 2005-2009.

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