‘Traffic light’ coalition of Germany’s SPD, FDP and Greens takes shape after talks on core principles, including coal exit by 2030

The leaders of FDP (Liberal Free Democrats), SPD (Social Democratic Party), Greens (Social Democratic Party) and FDP (Federal Democratic Party) suggested that their party committees begin formal negotiations for a federal coalition government. Olaf Scholz (SPD Chancellor Candidate) made the announcement, along with possible coalition partners. 

“We are convinced that we can conclude an ambitious and sustainable coalition agreement,”A joint release was signed by the three parties.

In formal negotiations, the parties reached an agreement on core principles. These included a move to stop using coal as fuel by 2030, covering all suitable rooftops with solar panels, and assigning 2% of the country’s available land to onshore wind farms. 

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They also agreed to increase the minimum wage to €12 an hour within the first year of the administration, up from the current €9.60. Administration agreed that 400,000 flats would be built each year. They also stated they will not reduce pension benefits or raise the retirement age. 

According to Reuters’ draft agreement, they have committed to preserving the Constitution Debt Break if their coalition is formed. They agreed also to support “super write-offs”The document provides guidelines for climate protection investments. 

“A new start is possible with the three parties coming together,”Scholz told a press conference that his SDP won the last month’s election. Christian Lindner (FDP leader) called the “traffic light” coalition – a reference to the three parties’ colors – an “opportunity.” 

A coalition formed under Angela Merkel would end 16 years of conservative rule.

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