💨 Abstract

Germany's Social Democrats have approved a coalition treaty with the CDU/CSU conservatives, paving the way for a new government in Europe's largest economy. The conservative-SPD coalition was the only viable option after both parties suffered heavy losses in the February federal election. The deal, which was backed by 84% of SPD members, aims to invest in infrastructure, raise the minimum wage, and extend a cap on rents.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖