Chancellor Angela Merkel and Germany’s Greens agreed to hold a second meeting aimed at a possible coalition after talks yesterday, raising the chance of an alliance and piling pressure on the Social Democrats.
German Chancellor Angela Merkel’s party allies said a partnership with the environmental Greens is realistic, raising pressure on the Social Democrats as SPD leaders showed signs of compromise on proposed tax increases.
Germany’s Katrin Goering-Eckardt, a top Greens party candidate in the Sept. 22 federal election, said a coalition with Chancellor Angela Merkel’s party would lack credibility because the two sides are too far apart.
Germany’s drive to increase renewable energy sources has created the biggest discrepancy between consumer and producer power prices in 15 years, turning the cost of electricity into a political battleground before the Sept. 22 national election.
The co-leader of Germany’s Greens, Juergen Trittin, sharpened his party’s attack on Chancellor Angela Merkel’s Christian Democrats, saying policy differences put them on “collision course” in federal elections this fall.
Chancellor Angela Merkel must ditch coal in favor of cleaner gas power plants to protect the climate, said the co-leader of Germany’s Greens party, urging a redoubling of efforts to raise carbon prices in the world’s biggest cap-and-trade program.
European Union leaders are seeking about 100 billion euros ($136 billion) in bank recapitalizations as they urge financial institutions to accept losses of between 50 percent and 60 percent on their Greek debt, said Juergen Trittin, co-leader of Germany’s opposition Greens party.
German Chancellor Angela Merkel will struggle to win parliamentary majorities within her coalition for measures to fight the debt crisis as support in her ranks dwindles, opposition Green Party leader Juergen Trittin said.