Canada markets closed
  • S&P/TSX

    21,077.35
    -85.30 (-0.40%)
     
  • S&P 500

    4,701.21
    +14.46 (+0.31%)
     
  • DOW

    35,754.75
    +35.32 (+0.10%)
     
  • CAD/USD

    0.7899
    -0.0006 (-0.08%)
     
  • CRUDE OIL

    72.47
    +0.11 (+0.15%)
     
  • BTC-CAD

    63,760.71
    -944.47 (-1.46%)
     
  • CMC Crypto 200

    1,317.65
    +12.53 (+0.96%)
     
  • GOLD FUTURES

    1,784.90
    -0.60 (-0.03%)
     
  • RUSSELL 2000

    2,271.71
    +17.92 (+0.80%)
     
  • 10-Yr Bond

    1.5090
    +0.0290 (+1.96%)
     
  • NASDAQ futures

    16,380.75
    -11.50 (-0.07%)
     
  • VOLATILITY

    19.90
    -1.99 (-9.09%)
     
  • FTSE

    7,337.05
    -2.85 (-0.04%)
     
  • NIKKEI 225

    28,856.08
    -4.54 (-0.02%)
     
  • CAD/EUR

    0.6965
    -0.0002 (-0.03%)
     

Pro-business party OKs formal talks on new German government

·1 min read

BERLIN (AP) — Germany's pro-business Free Democrats on Monday became the last of three parties to back the start of formal coalition talks on forming a new government.

The Free Democrats leader, Christian Lindner, said the party's national executive unanimously agreed to take the step following weeks of informal talks with the center-left Social Democrats and the environmentalist Greens.

Lindner said the three parties hadn't sought each other out ahead of the Sept. 26 election, “to put it diplomatically.”

“It's also no surprise that there are big differences on matters of substance,” he said, adding that those involved would need show “a lot of tolerance and willingness to think anew. Therein lies a chance, though, to do good things for our country."

In the election, the Social Democrats came first, ahead of outgoing Chancellor Angela Merkel's center-right Union bloc, and the Greens and Free Democrats came third and fourth. Merkel will stay on as a caretaker leader until Germany's new coalition government is in place.

___

Follow AP’s coverage of Germany’s transition to a new government at https://apnews.com/hub/germany-election

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting