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23 Sep 2013
Merkel to seek 'grand coalition' with SPD
FXstreet.com (Barcelona) - After an overwhelming victory in the German national elections, Angela Merkel was confirmed to have fallen short from an absolute majority, an outcome which will now force her to seek coalitions to govern.
According to the German provisional final resultsm after all 299 constituencies were accounted, the CDU/CSU received 41,5% of the votes, followed by the SPD 25,7%, Die Linke 8,6%, Grüne 8,4%, FDP 4,8%, AfD 4,7%. As Eamonn Sheridan from Forexlive notes: "Coalition negotiations to start (CDU/CSU/SPD seems the most likely) after FDP and AfD won no seats."
According to David Crossland from Spiegel Online: "The most likely candidate to form a coalition with is the center-left Social Democratic Party (SPD), which will want to extract the highest possible price for its cooperation in a so-called grand coalition, both in terms of cabinet posts and policy concessions."
The prize for Merkel, however, as Crossland notes, "would be a left-right government with an overwhelming majority in both houses of parliament." Crossland adds that "Merkel wouldn't have to worry about backbench rebellions against upcoming euro bailouts or domestic reforms, which she will finally have to address after years of postponement."
According to the German provisional final resultsm after all 299 constituencies were accounted, the CDU/CSU received 41,5% of the votes, followed by the SPD 25,7%, Die Linke 8,6%, Grüne 8,4%, FDP 4,8%, AfD 4,7%. As Eamonn Sheridan from Forexlive notes: "Coalition negotiations to start (CDU/CSU/SPD seems the most likely) after FDP and AfD won no seats."
According to David Crossland from Spiegel Online: "The most likely candidate to form a coalition with is the center-left Social Democratic Party (SPD), which will want to extract the highest possible price for its cooperation in a so-called grand coalition, both in terms of cabinet posts and policy concessions."
The prize for Merkel, however, as Crossland notes, "would be a left-right government with an overwhelming majority in both houses of parliament." Crossland adds that "Merkel wouldn't have to worry about backbench rebellions against upcoming euro bailouts or domestic reforms, which she will finally have to address after years of postponement."