CDU/CSU and SPD Finalize Coalition Agreement After 45 Days of Negotiations
The agreement, set to be presented today, outlines ministerial allocations, economic reforms, and social policy changes, paving the way for a Chancellor election in early May.
- The coalition agreement between CDU/CSU and SPD has been finalized after extensive negotiations, with a press conference scheduled for 15:00 today to present the details.
- Ministerial portfolios have been distributed, with SPD securing the Finance, Defense, and Justice ministries, while CDU and CSU take on key roles including Interior, Foreign Affairs, and Agriculture.
- Economic reforms include reducing corporate tax rates starting in 2026 and phasing down the Körperschaftsteuer from 15% to 10% by 2033, alongside targeted relief for small and middle incomes.
- Leaked details suggest potential reversals of the Bürgergeld and new labor policies, such as weekly maximum work hours and tax exemptions for overtime pay.
- Internal party votes are expected later this month, with Friedrich Merz anticipated to be elected Chancellor in early May if the agreement is approved.
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