German official says new coalition likely by mid-November

By REUTERS
October 13, 2013 02:34




Talks to form a German government are on track and the new administration should be in place by mid-November, German Finance Minister Wolfgang Schaeuble said on Saturday.

An inconclusive general election result three weeks ago has left Chancellor Angela Merkel's conservatives looking for a coalition partner in the form of either the center-left Social Democrats (SPD) or the left-leaning Greens.




Schaeuble said he expected it to become clear in the coming week who would be the conservatives' favored coalition partner and hoped talks could be wound up quickly.




"I believe it will go more quickly than you think. I believe we will have a new government by about the middle of November," he said at a news conference on the sidelines of International Monetary Fund meetings.



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