German parties move closer to coalition

Germany’s two main political parties took another step toward a coalition with a deal to ease payroll taxes and labour market regulations in order to boost the lame economy, a senior negotiator said today.

German parties move closer to coalition

Germany’s two main political parties took another step toward a coalition with a deal to ease payroll taxes and labour market regulations in order to boost the lame economy, a senior negotiator said today.

Conservative negotiator Roland Pofalla said he had also reached agreement with Social Democrat Chairman Franz Muentefering to cut Germany’s crippling bill for unemployment benefits.

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