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Olaf Scholz will succeed Angela Merkel as chancellor of Germany, after having managed to form an unprecedented alliance between Social Democrats, Greens and Liberals, according to an announcement released this Wednesday (24).
After two months of negotiations, Sholz’s center-left Social Democratic Party (SPD) announced that it will present its agreement with the Green Party and the Liberal Democratic Party (FDP) on Wednesday. Details of the coalition will be released during a press conference with the leaders of the three parties at 3 pm in Berlin (11 am in Brasília).
The alliance marks the end of the Merkel era, who held the post of chancellor of Germany for four terms, totaling 16 years. She will remain acting Prime Minister until the new government is formally approved by a vote in Parliament, which is expected to take place in two weeks.
Negotiations between the parties, which have divergent views on various issues, were long and complicated. During this afternoon’s press conference, the names that will occupy the main ministries will be announced. The expectation is that the FDP has guaranteed the Ministry of Finance, the most coveted portfolio.
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