After two months of bargaining and coordination following the September 26 Bundestag elections, a three-party coalition was finally formed in the German parliament, with Olaf Scholz becoming chancellor, writes Bild.
The election would officially put an end to 16 years of Angela Merkel's presidency.
German media report that a coalition agreement has been reached and its details will be published later on Wednesday, November 24. Also on Wednesday will be a joint press conference of all three parties of the "traffic light" coalition - the "red" Social Democrats of the SPD (to which Scholz belongs), the "green" and "yellow" Liberal Democrats of the FDP.
Olaf Scholz is Merkel's successor, if not in terms of his party (CDU/CSU lost both the election and the battle for the coalition, and remained in opposition), then in spirit.
According to Bild, Greens leader and pipeline opponent Annalena Berbock will become foreign minister, while her co-chairman Robert Habeck will become "super-minister" of economy with additional powers in the field of climate and energy policy. FDP leader Christian Lindner, a supporter of strict budgetary discipline, will remain Finance Minister.
