- Germany’s Social Democrats (SPD) chairman, Sigmar Gabriel, said in an interview Sunday with Bild newspaper, that they would be prepared to abandon their demand for tax increases if Angela Merkel can identify other revenue sources
- Merkel is seeking to form a coalition with SPD after falling short of an absolute majority in the German election
- She is also flaggin the potential of a coalition with the Greens, though this is less realistic
More details: Germany’s SPD Signals Willingness to Compromise on Taxes (The Wall Street Journal is often gated, so if you’re unable to access the article try a search of Google news using the headline)
Bloomberg (not gated)