Merkel Defuses Coalition Clash Over Migration With Compromise
- CSU’s Seehofer cites ‘clear agreement’ after crisis meeting
- SPD must approve accord on ‘transit centers’ for migrants
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German Chancellor Angela Merkel defused a feud with her Bavarian allies over migration, ending a standoff that threatened to upend her government.
The euro rose after Merkel and Horst Seehofer, the interior minister and Bavarian party leader who had threatened to resign, unveiled the deal late Monday after more than four hours of last-ditch talks in Berlin. The accord halts a slide toward a historic breakup of the two-party bloc that’s governed Germany for most off the time since World War II.