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International Business Times
International Business Times
Business

German Coalition Deal Signed On Eve Of Merz Govt Launch

Merz, at the centre, is on Tuesday set to be sworn in as the new leader of Europe's biggest economy, ending half a year of political paralysis in Berlin (Credit: AFP)

The conservatives of Germany's designated chancellor Friedrich Merz and the centre-left Social Democrats formally signed their coalition contract on Monday, on the eve of launching their new government.

Merz, 69, is on Tuesday set to be sworn in as the new leader of Europe's biggest economy, ending half a year of political paralysis in Berlin.

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