The German Green Party says it is ready for a three-party alliance

The German Green Party said it will submit a three-party agreement on Wednesday to form the next government

BERLIN-The environmentalist Green Party said in a statement that the three parties that are negotiating to form the next German government will finalize and submit their joint agreement on Wednesday.

If approved by party members in the next few weeks, the tripartite alliance will replace the current major alliance of the Social Democrats and the Christian Democrats led by the outgoing Prime Minister Angela Merkel.

Merkel, who did not run for a fifth term, is likely to be succeeded by the current Social Democratic Finance Minister Olaf Scholz.

Compared with the previous alliance negotiations, the unprecedented tripartite alliance negotiations are relatively harmonious and rapid. However, the political transition with Merkel as the caretaker hindered Germany’s response to the recent rise in coronavirus cases.

The closed-door talks did not reveal any details, including how the parties will divide ministerial positions.

A preliminary agreement last month indicated that Germany will postpone the deadline for ending coal-fired power generation from 2038 to 2030, and at the same time expand the promotion of renewable energy power generation.

At the insistence of the Liberal Democrats, potential partners said they would not raise taxes or relax restrictions on debt increases, making financing a core issue.

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