Germany’s so-called Traffic Light Alliance announced plans to form a government eight weeks after the federal elections. Former Finance Minister Olaf Schultz will serve as prime minister.
In a leaked 177-page draft document, titled “Dare to Advance More-Freedom, Justice and Sustainable Alliance”, Reuters saw that SPD (Social Democratic Party), Green Party and FDP (Liberal Democratic Party) Revealed their joint agreement for the next government of Germany.
The leak on Wednesday occurred after the last day of the tripartite discussion. This transaction will witness Germany’s first tripartite federal government since the 1950s. The leak occurred before the press conference at 3 pm (2 pm GMT) before the alliance was formally established.
The alliance agreement includes a pledge to increase the minimum wage of 12 euros per hour and reduce the voting age to 16. Earlier promises to build more apartments are also included in the alliance agreement, with the state funding a quarter of the 400,000 apartments for a year.
Other policy decisions include allowing immigrants to apply for citizenship after five years of residence, and setting up a crisis team to fight the Covid-19 pandemic.
According to the draft alliance agreement, the new alliance also stated that it is ready to engage in constructive dialogue with Russia.
Alliance negotiations began on October 21, after the three traffic light parties (referring to the color of the organization) laid the foundation for exploratory negotiations. The Social Democratic Party, led by former Finance Minister Olaf Scholz, was declared the largest party in the Bundestag after the September 26 elections.
In an exploratory paper, SPD, Greens and FDP have already made some “preliminary decision” And cleared up some problems.
If the alliance agreement is approved by party members in the next few weeks, the Traffic Light Alliance will replace the current Christian Social Alliance Alliance and the outgoing Prime Minister Angela Merkel’s Christian Democratic Alliance.
The deal will also allow Schultz to replace Merkel as the country’s prime minister after 16 years in power. The long-term leader decided not to be re-elected for a fifth term.
Schultz praised in an interview with the media “Groundbreaking“alliance. “The first traffic light [in Germany] It was established at Potsdamer Platz in Berlin in 1924. At the time, this was an extraordinary technology. “Can it work?” People asked suspiciously, “ Schultz said.
“Today, traffic lights are indispensable… My ambition as prime minister is that this traffic light alliance will play a similar pioneering role for Germany.”
Annalena Baerbock, the co-leader of the Green Party, admitted that there will always be differences between the two sides, but they will work together, vowing to push the country forward through public and private investment and focusing on the green agenda.
The three-party alliance vowed to modernize Europe’s largest economy by investing heavily in upgrading national infrastructure and developing green industries. Sources told Reuters that all parties have agreed to phase out coal by 2030 and end natural gas power generation by 2040.
It is understood that the Green Party may gain control of the Ministry of Foreign Affairs, and the party’s co-leader Robert Harbeck is expected to become “Super minister“Supervise the economy and climate and energy policies.
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