German parties agree coalition deal to make Olaf Scholz chancellor

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

Germany’s Social Democrat, Green and liberal parties have presented a deal to form a new government, with Olaf Scholz, the finance minister, succeeding Angela Merkel as chancellor.

The three parties, known as the “traffic light coalition” owing to their colours – red, green and yellow – hammered out the deal during two months of intense negotiations after the Social Democrats (SPD) won a slim margin in the 26 September national election.

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