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BERLIN, Nov. 14 (Xinhuanet) -- Parties in chancellor-designated Angela
Merkel's grand coalition government are due to approve Monday in their
respective party congress an agreement reached between them on Friday for
power-sharing in the years to come.
Merkel's Christian Democratic Union (CDU) is meeting in Berlin, its Bavarian
sister party Christian Social Union (CSU) is convening a congress in Munich,
while outgoing Chancellor Gerhard Schroeder's Social Democratic Party (SPD)
meets in the western city of Karlsruhe.
All the parties are expected to give green light to the deal, which raises
consumption tax, curbs budget deficit, eases job protection laws, levies more
taxes on top income earners and so on.
The hard-forged deal was hammered out after the CDU/CSU and SPD,two major
political rivals in Germany, had held four weeks of negotiations trying to
narrow and shelf differences on almost all fields.
Economists and business leaders have lashed out at the accord, saying it
has failed to cope with key reforms to reactivate the sluggish economy and the
raise of consumption tax from the current16 percent to 19 percent in 2007 would
further hinder the already stagnated domestic demand.
Volker Kroneberg, a political scientist at the University of Bonn, predicted
in an N-TV interview that the new government would only last two or at
most three years before collapsing and sparking new elections.
But CDU Premier of Lower Saxony state Christian Wulff told NDR radio that
the new government would bring about change, though more slowly, saying a "grand
coalition is always a bigger compromise than a coalition with a smaller
partner."
Schroeder vehemently support the new government though he wouldnot serve in
it.
The CDU/CSU and SPD had been forced into a grand coalition as both parties
failed to achieve majority in the Sept. 18 elections.
Germany saw such marriage only once in the end of 1960s. It lasted for
three years. Enditem |