German Parties Reach Agreement On Coalition Gov't: Report

Germany's center-left, liberal, and environmentalist parties have reached an agreement to form a three-way coalition government, local media reported on Wednesday.

The leaders of the Social Democratic Party (SPD), Free Democrats (FDP), and Greens are scheduled to hold a news conference later on Wednesday to present their coalition treaty, German news agency DPA has reported.

The Social Democrats narrowly won the Sept. 26 elections against Chancellor Angela Merkel's Christian Democrats (CDU/CSU), and have been negotiating with the Greens and FDP since October to form the country's next coalition government. -