Biggest Political Parties have announced an agreement to form a Coalition Government just angloamerican will help the deal her conservatives struck with the social democrats as the basis for Good Governments while social democrat leader Martin Schultz said the pact would bring fundamental change for both germany and europe. All right well lets hear what chancellor merkel said the breakthrough means for germany. If i knew you would fund google and google as i know millions of citizens have been scrutinizing the negotiations. Yes they have actually justifiable requirements of us. First films and even government and second to remember the needs and the desires of the people. Until collision with the officer this is dimension i am convinced remains both parties reached can do just that the the foundation of the good and stable government that our country needs and the world expects of us all the support we had a Strong Influence on the agreement that were thankful that some compromises that were hard to get by the union parties could eventually find agreement were doing politics for the workers of this country we want Permanent Employment contracts to be the norm again. The practice of giving out temporary contracts for no good reason will be strictly limited weve made sure there will be more equality in the health care system. That the solidarity tax will be abolished for employees with low and medium incomes. These things will make life easier for many people right away. You are right walter full of course want to miller crane is standing by in the site they want to stock and barrel and she has been tracking covering and reporting on these talks since the very beginning so who better to ask than you melinda is everybody breathing a sigh of relief. I think at the moment there relief its there but in fact theres still quite a bit of work to be done the politicians left the c. D. U. Headquarters just about half an hour ago where we have been reporting on the statements that they made and they have now all come over here to the bundestag where they are informing their parliamentary groups about the content of the Coalition Agreement for those who werent part of the negotiations and also about the division of responsibility in terms of the ministries and weve just been hearing now from the head of the Christian Democratic Parliamentary Group thats. Conservatives and he said he is very very satisfied with this Coalition Agreement which is interesting since in fact the c. D. U. Has lost a crucial ministry but he said he had a few interesting points to make first of all on competition with asian nations he said that while germany remains one of the worlds strongest economies it definitely lags behind in critical areas like digitalisation and he said that this Coalition Agreement will close that gap by essentially greatly modernizing both germanys Digital Infrastructure and Education Skills in the digital area and then he also talked about European Union policy and he said finally we are ready to give an answer to Emmanuel Mccaw the french president who has put proposals for significant e. U. Reforms on the table he said we are now we stand ready to steer change in europe. A level with emmanuelle macaw so to pick points that he picked out in explaining why he is satisfied and why he thinks this Coalition Agreement represents Real Movement its interesting because his party is the party that was in power in the last government and yet to hear him talk you would think they have. Just recently come to power and have big plans in store for for turning things around all right well lets continue talking about the s. P. D. Because they drove a hard bargain there controlling the Purse Strings and the mean spending Ministry Work on social affairs is everybody happy about that at the c. D. U. Well you could see. Perhaps grit her teeth a little bit when she was asked about the division of responsibility in the ministries as mentioned the c. D. U. Has lost the finance ministry that was a source of great power and as she put it the former finance minister both conk choice essentially became identified with that ministry it will give the social democrats significantly more clout not only in terms of domestic spending and by the way this Coalition Agreement the budget that they have sent for expenditure sixty four billion euros is one of the most expensive Coalition Budgets ever so they will have significantly more clout Going Forward the social democrats but not only domestically also on the level of europe the fact that they now control both the Foreign Ministry and the finance ministry means that they will have the power of the Purse Strings when it comes to European Union reform and that is very significant indeed so a good day for the social democrats they definitely come out here with some very real gains our idea of us chief Political Correspondent will in that crane thank you for your continued coverage will check in with you a little later. All right weve got lots more to discuss with that we have political scientist spend your crush is with the Humboldt University in berlin and joins me now on the set a very good evening miss krauss chance im going back well now within striking distance of that Coalition Government but the deal is still contingent on s. P. D. Members giving it their blessing can you explain to an International Audience watching us right now how it is that europes largest economy the fate of germany is in the hands of members of one party well yes actually thats a controversy also in germany right because. The citizens already voted and now in the s. P. D. Members sort of get to vote again and obviously there are some problems that come with that but the leadership decided to do so and then so we will have to wait and also europe will have to wait for for the final results all right so whats the sense that youre getting talking to your colleagues to analysts will they give it a thumbs up or thumbs down. Its really critical i think so im not sure my colleagues are really sure so in the last referendum it was rather clear i think we had seventy five to eighty percent in favor of the Coalition Agreement but this time its really controversy even. Especially within the membership of the s. P. D. So well have to see all right so why are people within the s. P. D. Or members i should say of the s. P. D. Some of them are reluctant to endorse this deal being a Junior Coalition partner with merkel as chancellor hasnt been the best to be like in four for all parties of this deeply as well in the last couple years so the members definitely fear voting or is a vote lost as in the Upcoming Elections but morris importantly they fear that the social democratic character of the party will suffer by entering another coalition. With the conservatives so they would rather see the s. P. D. Be the opposition yes but i mean thats not really an option right now right so aside from the coalition we only have minority government or new elections but the conservatives dont want a minority government and a new election for for this video because they are only two points ahead of. Right now so this will be a very very bad for for germany also not for the social im going to talk of saved you know little letters well with your way from me but first i want to get your take on this Coalition Deal what do you make of it i think its a very good Coalition Agreement also it has very important points include have especially with regard to digitalisation education also health care and Employment Conditions so i think it will be very beneficial for many people here in germany if this Coalition Agreement will actually be accepted by the members all right well lets talk about shoals hes giving up the leadership of the year s p d two under your knowledge id like to get your take on her but first i suggest we get to know were a little better. It was during the preliminary talks but andriano this most of. The next months are nuts mind. That it didnt stop her from giving the would be called decision points from the conservative party is a good telling off of the information about the negotiations are to be leaked. So i guess it was very annoying that some results have been made public by someone. Under your knowledge as the leader of the s. P. D. M. Piece of the buddhist talk and she has a reputation for being outspoken some say it was her speech at the social Democrats Party conference that secured the votes needed for starting kodesh in talks with a conservative bloke. Were going to negotiate and get some more good results thats why voting yes today is worth it. Thank the nice and weeks two of the s. P. D. Women also came into the focus off the german public first model diana although handicapped by multiple sclerosis shes Deputy Party Leader and state premier of random palatinate and. Also deputy leader and state premier from mecklenburg western pomerania all three women have had very different careers within the s. P. D. And they are now and it started off more than twenty years ago within the s. P. D. Himself and his asian young socialists she became their leader in one nine hundred ninety five back then she was a student of Political Science and told george of that in one of her first interviews that she didnt plan a political career. Choppin it for you but i dont want to stay in politics for the rest of my life so after being chair i want to look for a real job and for that i need a good degree of whose. Knowledge finished his studies four years later that has stayed within the ranks of the s. P. D. Ever since is a Party Official like latest labor minister one of achievements is germanys new minimum wage law shes very popular among the Party Membership but not with the german public quite the opposite is true of money. Party career started considerably late trains revenue commissioner joined the party in two thousand and three and has risen through the ranks very quickly in two thousand and thirteen she became federal minister for Family Affairs and pushed through several gender equality bills. Model tyo is the last s. P. D. Politician who managed to win an important election that was in two thousand and sixteen many see as having high potential within the s. P. D. She first opposed the grand coalition but at the Party Conference she called for renewable of the party with the government. This is really new its up to us it can only come from within. Martin show it still is the leader of the social democrats but without a strong women behind him there wouldnt be much left to lead. Our right to miss cross the smallest so the obvious choice definitely specially as a party leader i think she is shes sort of perfect for that especially in the governmental arena our even in the International Arena she sometimes seems a bit too passionate and so i think the position as a party leader would really center all right now well lets talk about the city you anybody there being groomed to take over from chancellor Angela Merkel in the near future i dont see a really long. Term solution in the future i mean theres the spawn who might be an option in four or five years. But right now following merkel theres been a long Term Solution on the screen sort of maybe it was a left on the line or they come but only thought of as a midTerm Solution short Term Solution so what may be well have in spawn in i dont know eight to ten years or something no shortage of Women Leaders though in germany that they should be ok to spend your crowd with with the Humboldt University in berlin we thank you so much for spending time with us so much more wed like to discuss but were trying to do that in our next vote and thank you so quit this new coalition spell the end of austerity in a europe which you think breath i dont know its out with the old finance minister for gun show in with the new he was revered at home he loved to preach was thirty to the southern europeans they hated him for it but hey greece is back on International Markets they spain has recovered and the next german finance minister could well be look here is this man here hes from the social democrats and could soften the hospice of those stary any change would be my old Business Executives will struggle to convince shoulders to adopt new Corporate Tax cuts modeled on those passed in the United States which is triggered a flood of investment the new coalition appears to favor tax breaks for middle income earners a loss Corporate Tax overhaul here though for corporations was a decade ago is this the asian of german chambers of commerce and industry praises the Coalition Pact for investing in Digital Education and broadband but is stinging criticism from other groups that nothing much is going to change under another grand coalition. V. D. M. A Engineering Association calls the deal lackluster weve got a managing director board on with us to go where is the vision. There is lacking vision indeed we were hoping to have a coalition that looks into where germany and europe stands at two thousand and twenty two and twenty five and this is completely lacking its like continuing the last four years with spending more money on social gifts and. Innovation and investment where will germany stand do you think with the us cutting Corporate Taxes and German Companies really buttering up mr trump by sort of doing it it doubles the World Economic forum they are giving him one deal after the next because his company his country is open to business. Whether we like it or not mr trump has of course opened tax competition worldwide tax competition by having his tax reform. Europe and also germany have to take this into account what this coalition does not do is to increase any tax thats something thats also not sure before an election. Of course we do not see any attempts now and the possibility to talk about a real tax reform a structural one and one that goes with the figures so that is of course one of the problematic points that you know i want to talk about cutting taxes what about income taxes for example state coffers the. There is no increase of income tax only very very little to reduce taxes in germany for the time being small things like what we call in germany is only. Going down but not for everybody only for people with lower income the not us so theres not Much Development in here we are really lacking a reform that goes into the structure and helps Companies One thing that is of course a real pity the competition is rising and what we can do to be the number one position in x. Sports for the time being would be of course more innovation and more innovation asks for. Tax credits for research and this might come but only to a very small extent not helping for the whole problem a small extent but the association of german chambers of commerce and industry had quite a lot of praise for this Coalition Treaty saying that the pact did include investments in broadband expanding broadband and also Digital Education. Yes for the infrastructure in digitization there is something in this contract but unfortunately last very long till this is in place they are talking about finalizing the good of it and that for companies in germany by two thousand and twenty five which is even beyond the legislation that is has been elected now so that takes a long long time and we would have been very glad if this room. In the next coming two or three years ok said not enough and not quick enough thats the judgment from portman managing director of the b d m a on that coalition back. Modest falls on wall street as the New York Stock Exchange opened this wednesday Investor Sentiment looking fairly flat at first following a series of massive swings over the past few days some Central Banks could raise Int