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German parties in coalition talks agree to stick to balanced budget

Published 10/24/2017, 06:19 PM
Updated 10/24/2017, 06:20 PM
© Reuters. Angela Merkel's government dismissal ceremony in Berlin

BERLIN (Reuters) - Politicians from four German parties seeking to form a coalition government agreed on Tuesday to stick to the policy of balanced budget, a document seen by Reuters showed.

© Reuters. Angela Merkel's government dismissal ceremony in Berlin

Chancellor Angela Merkel's Christian Democrats, their Christian Social Union Bavarian allies, the Greens and the pro-business Free Democrats also agreed to explore at later talks what fiscal flexibility they have to fund investments and tax cuts.

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