Bavaria and Baden-Wuerttemberg, the home states of Siemens AG and SAP AG, urged German Chancellor Angela Merkel to ensure power supply is stable under her policy of closing nuclear reactors and expanding renewable energy.
German Chancellor Angela Merkel’s top Bavarian ally said her bloc will concede to the Social Democrats’ demand for a minimum wage, signaling the parties will overcome a chief hurdle in talks to form a government.
The U.S. Senate will vote this week on a bipartisan committee’s $1.01 trillion budget agreement following its approval by the House. The proposal doesn’t touch Democrat-favored entitlement programs or corporate-tax breaks that Republicans want to protect.
Germany’s Social Democratic leader Sigmar Gabriel presented the SPD members of the next cabinet, saying they’ll face a challenge turning pledges into policy in government with Chancellor Angela Merkel.
German Chancellor Angela Merkel’s bid for re-election on Sept. 22 may get a lift from Sunday’s Bavarian state vote, with polls showing her Christian Social Union sister party poised to regain an absolute majority.
German Chancellor Angela Merkel’s sister party was set to win a majority in Bavarian state elections, giving the incumbent a boost as she heads into the final week of her campaign before a national vote.