‘Blackrot’ coalition: Social Democrats dilute Merz’s pro-business agenda

After winning Germany’s elections, Friedrich Merz vowed to form a coalition government within two months, accelerated by Donald Trump’s tariffs. The coalition agreement, unveiled on Wednesday, addresses threats to security and prosperity, including Putin’s actions and economic uncertainty caused by the US administration. The agreement lacks ambitious structural reforms, focusing on tax cuts and a higher minimum wage, but aims to boost long-term growth potential, with Merz promising radical change and a reduction in government size without layoffs.

Full Article