Social Democrat, Green and liberal parties agree to form government after two months of talks

Germany’s Social Democrat, Green and liberal parties have agreed on a deal to form a new government that will see Olaf Scholz, the current finance minister, succeed Angela Merkel as the country’s new leader, local media has reported.

The three parties, known collectively as the “traffic light coalition” due to their colours – red, green and yellow – are due to present their agreement on Wednesday afternoon in Berlin.

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