12/4/2021, 2:15 PM (Source: TeleTrader)
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SPD confirms coalition deal for German gov't

Germany's Social Democratic Party (SPD) voted on Saturday to confirm the coalition deal it reached with Free Democratic Party (FDP) and the Greens.

The FDP is set to hold a convention of its own on Sunday, while the Greens are set to make a decision a day later.

SPD's Olaf Scholz (pictured) is expected to become the country's new chancellor, while FDP's Christian Lindner is seen as Germany's next finance minister.

Baha Breaking the News (BBN) / BU