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International Business Times
International Business Times
Business

Germany 'Back On Track' Says Merz, Unveiling New Coalition

Friedrich Merz, leader of Germany's conservative Christian Democratic Union (CDU) party, addresses journalists after reaching a coalition agreement to form a new government (Credit: AFP)

Germany's next leader, the conservative Friedrich Merz, vowed Wednesday to "move the country forward again" by boosting the economy and defence as he presented a deal to launch his coalition government by early next month.

Merz is set to take over as leader of Europe's top economy just as US President Donald Trump has sparked global trade turmoil and raised deep fears about future transatlantic security ties.

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