Germany to cap yearly refugee arrivals at about 200000: Coalition paper

Germany to cap yearly refugee arrivals at about 200000: Coalition paper

Leaders of German Chancellor Angela Merkel's conservative Union bloc and the center-left Social Democrats agreed early Friday on the basis to move ahead with coalition negotiations, after marathon overnight talks.

Before the two groups move to formal coalition negotiations, SPD leaders need to persuade party members to give a green light at a congress planned for January 21.

Merkel is betting that after five days of talks, the parties will have laid the groundwork for the start of formal negotiations for a new coalition government with her at the helm for a fourth term in office.

However, Schulz, a former president of the European Parliament, said any new government needed to "strengthen Europe".

Party leaders worked through the night to sound out ways of removing the differences that would allow them to renew the "grand coalition" that's governed Germany for the past four years. Because she needs Schulz, Merkel is willing to go along with it and use the combined power of France and Germany to pressure smaller member states into accepting this new grand United States of Europe, national sovereignty be damned.

German news agency dpa reported that the agreement involves officially giving up the country's target of a 40% cut in carbon dioxide emissions by 2020 compared with 1990, regarded by many as unachievable, but taking measures to close the gap as far as possible. It was n that possibility of forging a new great coalition with Social Democrats, like one that has ruled in Germany for eight of last 12 years, was resurrected. Berlin's partners are awaiting a new government to help propel Brexit talks, euro zone reform and European Union diplomatic initiatives. Her rapidly diminishing political stock threatens to leave a void not only in Germany but also across the West, just as she had emerged as the most robust internationalist counterpoint to Trump-style nativism.

The euro climbs to a three-year high as German Chancellor Angela Merkel's conservatives and rival Social Democrats reach a breakthrough.

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That Merkel has been able to survive as chancellor is partly due to the absence of a natural successor. They said Germany wants to reform the eurozone in partnership with France and is prepared to pay more into the European Union budget.

Merkel won German elections last September, but did not achieve majority enough to form a government.

Schulz obtained a minor reform to how the public health insurance system is financed - far from his party's original proposal - as well as a commitment to guarantee the current level of pensions through 2025, among other things.

Media speculation has also begun on who might fill the key ministerial posts in a new Merkel-led coalition. He also referred to future of a union in need of impetus and cohesion, German president, Frank-Walter Steinmeier, who warned that Germany's reputation is on table and that Berlin should not forget that it "has a responsibility to Europe".

AfD leaders wasted no time tweeting their displeasure over the grand coalition deal and its first-ever cap on asylum seekers.

But the main reason that a coalition deal might be reached is that the alternatives are so unappealing.

Though a challenger has yet to come forward, impatience is growing in Christian Democrat ranks about Merkel's tendency to manage crises as they arise rather than presenting a vision the party can rally behind and sell to voters.

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