From reports in the International Press, Chancellor Angela Merkel is being obliged to accept changes to her previous political aims in order to obtain an agreement for a Coalition Goverment.
The concessions she is being made to accept concern in particular:-
- Introduction of a minimum wage structure in all German Industries and Companies.
- Ministerial Posts for numerous politicians in the SPD (German Socialist Party).
Other concessions are still being discussed even two months after the German General Elections on 22 September 2013 !
If the hands of Angela Merkel are tied after these discussions this will have a direct effect on future German policies in the EU and in the EUROZONE.
More importantly the next question will be whether Germany will still maintain the principle that no country is allowed to leave the EUROZONE or to default on the EURO. Likewise will there still be long term Financial aid ? Will the "Golden Rule" still be retained for Budgets and Results ?
These discussions are on-going. The aim seems to be that a conclusion should be arrived at before Christmas in Germany. In the meantime the EU slumbers and the EU Parliamentary Elections in May 2014 approach !
However, Merkel is a fine negotiator, she has experience, therefore we can only "wait and see" !
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