Germany’s SPD Leader Nahles: ‘We have a very tense situation in the coalition’

Dhwani Mehta FXStreet

Social Democratic Party of Germany’s (SPD) Leader Andrea Nahles is on the wires now, via Reuters, commenting on the current situation in the coalition government.

Key Headlines:

In all questions, we have a very tense situation in the coalition.

It is unsatisfactory that there is standstill in coalition on migrant policy this week.

Not sure if headed for new elections, have to wait and see.

Separately, Reuters reported Chancellor Merkel's Senior CDU Ally Kauder, as saying that an agreement on migrant policy between the German coalition parties was not to be expected at talks on Tuesday night.

Merkel is scheduled to meet the European Union (EU) leaders tomorrow and Friday at the EU Summit to reach a deal on the migrant policy.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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