Germany's Social Democratic Party (SPD) has approved a coalition agreement with Friedrich Merz's conservative bloc, paving the way for the new German government to take office in Berlin next week. The centre-left party said on Wednesday 84.

Germany's Social Democrats (SPD) backed a coalition deal with the CDU/CSU conservatives on Wednesday in the final step to forming a government in Europe's largest economy, and nominated their leader Lars Klingbeil as finance minister.

Members of Germany's Social Democratic Party (SPD) have overwhelmingly approved a coalition agreement with the conservative Christian Democrats (CDU/CSU), paving the way for a new government.