Sunday, 20 October 2013

Germany: Social Democrats (SPD) won a green light to start coalition talks with Angela Merkel

" Leaders of Germany's Social Democrats (SPD) won a green light from their party to start coalition talks with Angela Merkel on Sunday, after promising to wring concessions from the chancellor on a minimum wage, equal pay and infrastructure investment".

"Discussions between Merkel and the centre-left SPD on forming a new government can now begin on Wednesday, a month after an election saw her conservatives emerge as the biggest political force but needing a partner to form a majority.
The SPD's willingness to enter talks comes at a price. The party listed 10 demands it called "non-negotiable", including a minimum wage of 8.50 euros per hour, equal pay for men and women, greater investment in infrastructure and education, and a common strategy to boost euro zone growth.
Germany's leading economic institutes warned on Thursday that the introduction of a minimum wage could lead to significant job losses in eastern Germany, where a quarter of workers earn less than the proposed new amount".
Source: Reuters

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