Coalition party leaders in Germany have reached a breakthrough in talks to form a new government, according to Reuters who cited party sources.
Germany’s Chancellor Angela Merkel entered into talks with a rival party earlier this week in a last-ditch effort to form a coalition government. This after months of political uncertainty and deadlock in the euro zone’s largest economy.
Merkel, the head of a conservative alliance made up of the Christian Democratic Union (CDU) and its Bavarian sister-party the Christian Social Union (CSU), met with Martin Schulz, the head of the Social Democratic Party (SPD), for preliminary talks.
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