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How Germany's SPD entered government despite election setback
May 01, 2025
|The Business Guardian
Germany's SPD joins government despite poor poll results, backing CDU-led coalition to block AfD rise and secure key ministries, including Finance and Vice Chancellorship.
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Germany's Social Democratic Party (SPD) has formally backed a coalition agreement with the conservative CDU/CSU bloc, securing a pivotal role in the next government despite a poor showing in the February general elections, foreign media reported on Wednesday. The deal was endorsed by 84.6% of SPD members who voted, with a turnout of 56%, the party announced via social media.
The approval clears the path for CDU leader Friedrich Merz to be confirmed as the next Chancellor, while SPD co-leader Lars Klingbeil is set to become Vice Chancellor and Federal Finance Minister. According to DW, Klingbeil's nomination was unanimously approved by the SPD's executive committee shortly after the vote outcome was announced.
هذه القصة من طبعة May 01, 2025 من The Business Guardian.
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GST exemption...
GST exemption...
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