• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

U.S. Treasury has borrowed $155 billion every month of this fiscal year—and is now paying $24 billion a week in interest on its debts

2

Top Iranian officials admitted to the supreme leader that the U.S. naval blockade was crushing the economy, report says, as Trump eyes reimposing it

3

Billionaire MacKenzie Scott just donated $20 million to support America’s youth mental health, as a fifth of teens struggle with suicidal thoughts

1

U.S. Treasury has borrowed $155 billion every month of this fiscal year—and is now paying $24 billion a week in interest on its debts

2

Top Iranian officials admitted to the supreme leader that the U.S. naval blockade was crushing the economy, report says, as Trump eyes reimposing it

3

Billionaire MacKenzie Scott just donated $20 million to support America’s youth mental health, as a fifth of teens struggle with suicidal thoughts
PoliticsGermany elections
Europe

Germany’s winning conservatives push for ‘speedy’ grand coalition talks with Social Democrats

By
Sebastien Ash
Sebastien Ash
and
AFP
AFP
Down Arrow Button Icon
By
Sebastien Ash
Sebastien Ash
and
AFP
AFP
Down Arrow Button Icon
February 28, 2025, 6:38 AM ET
The head of the centre-right CDU/CSU alliance, Friedrich Merz, who is expected to become Germany's next chancellor, has urged speedy talks towards forging a ruling alliance to end months of political paralysis in Berlin.
The head of the centre-right CDU/CSU alliance, Friedrich Merz, who is expected to become Germany's next chancellor, has urged speedy talks towards forging a ruling alliance to end months of political paralysis in Berlin.Florian Gaertner/Photothek via Getty Images
Add Fortune on Google for similar content.

Germany’s conservatives, who won elections last weekend, are set to start exploratory talks with the Social Democrats on Friday towards forming a coalition government, party sources said.

Recommended Video

The head of the centre-right CDU/CSU alliance, Friedrich Merz, who is expected to become Germany’s next chancellor, has urged speedy talks towards forging a ruling alliance to end months of political paralysis in Berlin.

His bloc and the centre-left Social Democrats (SPD) of outgoing Chancellor Olaf Scholz will each send a nine-member team to the talks, party sources told AFP.

Merz, 69, has set a deadline of mid-April for an inter-party coalition agreement, arguing Europe’s biggest economy must soon be ready to act at a time of geopolitical turbulence and as the German economy has shrunk for two years in a row.

“The world isn’t waiting for us,” he said after Sunday’s election win, calling for urgent action on his top campaign pledges of controlling irregular immigration and reviving the economy.

Merz’s conservatives won Sunday’s elections with 28.5 percent of the vote, while the SPD of outgoing Chancellor Olaf Scholz scored a historic low of 16.4 percent.

The far-right and anti-immigration Alternative for Germany (AfD) came second, with a record score of over 20 percent, but all other parties have vowed to keep them out of power.

Grand coalition

The make-up of the incoming Bundestag leaves a coalition between the conservatives and the Social Democrats as the only politically feasible option to form a government.

It would be the fourth time since the turn of the millennium and the fifth time in Germany’s post-war history that the parties have governed together in a so-called grand coalition — always under the leadership of the CDU/CSU.

The Social Democrats’ poor result in Sunday’s vote spelt the end for Scholz, who will continue as chancellor until his successor is named.

The baton will be passed to other senior members of the SPD for the exploratory discussions, which are intended to sound out the possibilities for cooperation and, if fruitful, would lead to full coalition talks.

The Social Democrat delegation will be headed by Lars Klingbeil, who will be joined by popular Defence Minister Boris Pistorius and other national and regional party heavyweights, German media reported.

On the conservative side, the initial meeting would be led by Merz and his top ally, the CSU chief and state premier of Bavaria, Markus Soeder.

Merz said Tuesday there was “no time to waste” and called to move quickly towards full coalition talks.

Security, immigration, growth

The conservative leader named three areas that would play a key role in the talks: security policy, immigration and the getting the economy going again.

The second point in particular threatens to be particularly thorny. The CDU/CSU promised an immediate crackdown on immigration during the campaign, with Merz calling for all undocumented foreigners to be turned away at the border, including asylum seekers.

The Social Democrats said the conservatives’ plans flew in the face of EU law, while also pledging themselves to tighten border controls.

New Social Democrat parliamentary leader Klingbeil, who is set to play a key role in the talks, also urged speed, so that a government could be formed quickly.

He called for confidentiality during talks, warning that “suggestions that I hear about publicly in the newspaper are automatically off the table”.

Despite being humbled at the polls, the SPD will want to come out of the talks with something to show for their voters.

The upcoming talks would be about making sure Germany “remains a strong country”, Klingbeil said Wednesday, including making business more competitive and securing jobs.

“It is about ensuring that people who work hard have more money in their pocket,” he said.

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it.
About the Authors
By Sebastien Ash
See full bioRight Arrow Button Icon
By AFP
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Politics

Meet ‘Freedom Fuel Network’ stations, a new chain with cheaper gas and mysterious origins
EnergyDonald Trump
Meet ‘Freedom Fuel Network’ stations, a new chain with cheaper gas and mysterious origins
By Joshua HongJuly 10, 2026
14 hours ago
At least a million woman lose access to humanitarian supports thanks to Trump budget cuts
PoliticsDonald Trump
At least a million woman lose access to humanitarian supports thanks to Trump budget cuts
By The Associated PressJuly 10, 2026
21 hours ago
Vietnam is paying women to have more babies—but there’s a catch: they have to be on baby no. 2 to qualify for the $68 million budget
Success
Vietnam is paying women to have more babies—but there’s a catch: they have to be on baby no. 2 to qualify for the $68 million budget
By Orianna Rosa RoyleJuly 10, 2026
1 day ago
Trump cheers Gwynne Shotwell as Elon Musk’s SpaceX No. 2 gives $325 million in stock to Trump Accounts
North AmericaSpaceX
Trump cheers Gwynne Shotwell as Elon Musk’s SpaceX No. 2 gives $325 million in stock to Trump Accounts
By Mia OsmonbekovJuly 9, 2026
2 days ago
Altman says OpenAI made ‘many changes’ during talks with U.S.
AISam Altman
Altman says OpenAI made ‘many changes’ during talks with U.S.
By Lorelei Smillie and BloombergJuly 9, 2026
2 days ago
Three-time Olympic canoeist pleads not guilty to touching water in Reflecting Pool vandalism charge
PoliticsDonald Trump
Three-time Olympic canoeist pleads not guilty to touching water in Reflecting Pool vandalism charge
By Michael Kunzelman and The Associated PressJuly 9, 2026
2 days ago

Most Popular

U.S. Treasury has borrowed $155 billion every month of this fiscal year—and is now paying $24 billion a week in interest on its debts
Economy
U.S. Treasury has borrowed $155 billion every month of this fiscal year—and is now paying $24 billion a week in interest on its debts
By Eleanor PringleJuly 10, 2026
1 day ago
Top Iranian officials admitted to the supreme leader that the U.S. naval blockade was crushing the economy, report says, as Trump eyes reimposing it
Middle East
Top Iranian officials admitted to the supreme leader that the U.S. naval blockade was crushing the economy, report says, as Trump eyes reimposing it
By Jason MaJuly 10, 2026
19 hours ago
Billionaire MacKenzie Scott just donated $20 million to support America’s youth mental health, as a fifth of teens struggle with suicidal thoughts
Success
Billionaire MacKenzie Scott just donated $20 million to support America’s youth mental health, as a fifth of teens struggle with suicidal thoughts
By Emma BurleighJuly 9, 2026
2 days ago
Farm groups saved Bayer in court over RoundUp cancer claims. Five days later, Bayer called for tariffs on the ingredient farmers rely on
Economy
Farm groups saved Bayer in court over RoundUp cancer claims. Five days later, Bayer called for tariffs on the ingredient farmers rely on
By Mia OsmonbekovJuly 9, 2026
2 days ago
Wyoming officials say Meta’s 715,000-square-foot data center is responsible for contaminating its water system with a rare bacterium
Environment
Wyoming officials say Meta’s 715,000-square-foot data center is responsible for contaminating its water system with a rare bacterium
By Sasha RogelbergJuly 10, 2026
21 hours ago
Current price of oil as of July 10, 2026
Personal Finance
Current price of oil as of July 10, 2026
By Joseph HostetlerJuly 10, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our and Privacy Policy |  | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.