Merkel's finmin rules out 'minority government'

Germany's Finance Minister Wolfgang Schaeuble urged its potential coalition partners to speed up the process for forming the new coalition government.

Merkel's finmin rules out 'minority government'

World Bulletin/News Desk

Germany's Finance Minister Wolfgang Schaeuble, a key ally of Chancellor Angela Merkel, has urged its potential coalition partners on Thursday to speed up the process for forming the new coalition government. Schaeuble ruled out options for a 'minority government' or 'early elections'.

 "Why Germany has to wait such a long time for forming a new government despite the clear results of the election? You cannot explain this to people in Germany or abroad," Schaeuble said in an interview with the German daily Bild am Sonntag.

"Due to the important problems and issues of the Europe, such as the banking union, we should try to have a new coalition as soon as possible," he said, in an apparent message to the Social Democrats (SPD).

Chancellor Angela Merkel's CDU/CSU alliance and their traditional rival Social Democrats are set to meet on Friday for their first exploratory talks. But due to the growing skepticism among Social Democrat voters, SPD leadership has shown reluctance so far for forming a coalition government with the CDU/CSU.

SPD leader Sigmar Gabriel stressed that any preliminary agreement with the CDU/CSU has to be approved by the 470 thousand members of the SPD, probably in November.

Social Democrats underline that they expect possible negotiations to take a long time and the formation of a new coalition government may even be extended to January.

'Minority government not a solution'

As uncertainty over the formation of a coalition government continued for more than a week, German media has recently speculated on the possibilities of a minority government or early elections.

But Schaeuble said that these options are not relevant.

"A minority government or new elections are not a solution," Schaeuble told the German daily.

The Christian Democrat politician also raised the alternative of a CDU/CSU-led coalition government with the Green Party.

"We want to have serious talks with the Greens and we hope that they are also ready for coalition talks with us," he said.

Schaeuble underlined that they will either have a coalition with the SPD or the Greens, but any other option would not be a solution.

The Green Party won 63 of the 630 seats in the Bundestag and a possible coalition with them will enable Merkel’s CDU/CSU alliance to gain absolute majority at Bundestag, the lower house of the German parliament.

The CDU/CSU alliance has won 311 seats, and the main opposition SPD secured 192 seats.

For a stable and strong government, Chancellor Merkel still needs the support of the SPD .The main opposition party currently dominates the Bundesrat, the upper house of the German parliament.

Deep differences between CDU/CSU and SPD

The conservative CDU-/CSU alliance and Social Democrats have deep differences on key policy issues, including the SPD's election promise of increasing tax rates for the wealthy and introducing minimum-wage.

Merkel's key ally, the German finance minister, appeared far from willing to compromise on tax rates. 

"The CDU and CSU have adopted clear common line against tax increases," Schaeuble said, referring to their promises ahead of the September 22 election. 

"The state should get along with the current financial sources it has," Schaeuble stressed. "And this has been confirmed by the voters in the election."

Last Mod: 04 Ekim 2013, 11:20
Add Comment