Merkel Says CDU Won't Allow New German Debt in Pact With SPD
- Chancellor touts control of economy ministry in coalition pact
- Says German industry must confront China’s AI challenge
Merkel Doesn't Have a `Grand Coalition,' Lawmaker Says
This article is for subscribers only.
German Chancellor Angela Merkel said her party bloc won’t allow budget deficits in a prospective government with the Social Democrats, even after ceding the Finance Ministry to them.
Addressing a rally of her Christian Democratic Union in eastern Germany on Wednesday, Merkel touted last week’s draft coalition deal for returning the Economy Ministry to her party. That would give her CDU-led bloc a key role in confronting challenges to German industry such as China’s push into areas like artificial intelligence, she said.