Chancellor Angela Merkel has said her efforts to form a three-way coalition government had failed, thrusting Germany into a political crisis and pushing Europe's largest economy closer to a possible new election.
The pro-business Free Democrats (FDP) unexpectedly pulled out of more than four weeks of negotiations with Ms Merkel's conservative group and the Greens, citing irreconcilable differences.
The euro hit a two-month low against the yen soon after FDP leader Christian Lindner said yesterday that his party was withdrawing from the talks as the three would-be partners could not find common ground on key issues.
[rte.ie]
20/11/17
The pro-business Free Democrats (FDP) unexpectedly pulled out of more than four weeks of negotiations with Ms Merkel's conservative group and the Greens, citing irreconcilable differences.
The euro hit a two-month low against the yen soon after FDP leader Christian Lindner said yesterday that his party was withdrawing from the talks as the three would-be partners could not find common ground on key issues.
[rte.ie]
20/11/17
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