By: Ryan Littlestone

Open Europe blog has translated the draft German coalition agreement that was published by Green politician Malte Spitz. Here's the breakdown; On the EU German must become an official working language of the EU EU must only act where action on other levels is not sufficient Keen to deepen ties with Poland and maintain "unique" Franco-German partnership On the euro zone crisis they say that there is not much in the draft which could point to a lack of agreement between the parties. On coming out from the exit, it's pretty much along normal German tone; “[The eurozone must] combine structural reforms to increase competitiveness, and a strict, sustained continuation of budget consolidation for increased competitiveness with future investment in growth that combines employment in socially-balanced way.” They also want to keep member states liable for their obligations. “The principle that each Member State is liable for its own obligations must be upheld. Any form of pooling of sovereign debt would jeopardize the necessary national policies in each Member State. National budget responsibility and supranational, joint liability are not compatible.” The coalition will not rule out further bail outs but will only consider them as a last resort ESM will still need approval from the Bundestag  Financial markets must be involved in cost of the crisis, must be guided back to function serving the real economy The full released draft can be found, in German via a link on the story from Open Europe. My German is non-existent so if there's any German speakers that find anything else of note on it please let us know and we'll add it. There's 177 pages and it's summarised further here

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