Initial Coalition Talks in Germany “Constructive”

Exploratory talks on building a coalition between German Chancellor Angela Merkel’s conservative bloc and the pro-business Free Democrats (FDP) were constructive, the two groups said on Wednesday.“Today was a first, very constructive, good discussion that will of course be followed by more discussions,” Peter Tauber, General Secretary of Merkel’s Christian Democrats (CSU) told reporters after two hours of discussions.Tauber’s counterparts in the Bavarian Christian Social Union (CSU) and the FDP echoed that message, saying the atmosphere was good. Later, the conservative bloc meets the Greens for exploratory talks on forming a three-way alliance.

Source: German conservatives, FDP say exploratory talks ‘constructive’ – Reuters

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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.