The Grosse Koalition takes a step forward and the euro climbs to a high of 1,1957, its highest level since late September.
The euro is close to the threshold of 1,2092 reached precisely on 8 September after the SPD called into question on Friday the decision to switch to the opposition, made following the electoral defeat, while on Sunday the leaders of the CDU formalized the decision to aim for a new agreement with the Social Democrats. Even if the times do not promise to be short, this promises to overcome the phase of political uncertainty into which the country had slipped after the breakdown of the three-way negotiation between Angela Merkel's party, the Liberals and the Greens for the formation of the new government ( the so-called "Jamaica").
To the President of the Republic Merkel, Horst Seehofer, head of the CSU, and Martin Schulz, who leads the Social Democrats, will have to present the framework for a negotiation that promises to be difficult but not impossible, given that the chancellor kept them together in the same government a first time once from 2005 to 2009 and then from 2013 to 2017. With the SPD, Merkel underlined, discussions will be held "on the basis of mutual respect" and in a framework in which "compromise is an element".
While the fear of new elections, strongly opposed by Merkel, is fading, support is growing in Germany for the parties that could form the new grand government coalition, Angela Merkel's conservative CDU/CSU bloc and Martin Schulz's SPD. According to a poll commissioned by Bild am Sonntag, the CDU/CSU bloc gained two points, reaching 33 percent of the votes, the SPD one, to reach 22 percent.
SECURITY UPDATE TRAINING
Angela Merkel has confirmed her willingness to start negotiations with the German Social Democratic Party to form a coalition government in Germany. “We are ready to engage in discussions with the SPD,” said Angela Merkel after getting the official go-ahead from her Christian Democratic party CDU to propose talks with the Social Democratic Party (SPD), with which she has already governed twice (2005 -2009 and 2013-2017).
A government coalition supported by conservatives and social democrats is, at the moment, the only possible solution after the failure of an attempt at a coalition between conservatives, liberals and ecologists. Merkel has promised “serious and fair” negotiations. There are great expectations in Europe for urgent problems,” added the former chancellor.
