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German coalition strikes budget deal after crisis

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Frankfurt, Germany — The three parties in Germany’s ruling coalition struck an agreement Friday on the 2025 budget after weeks of tough talks that pushed Chancellor Olaf Scholz’s government to the brink of collapse.
Scholz’s centre-left Social Democrats and their partners, the Greens and the pro-business FDP, reached a deal after a final round of haggling that started Thursday, a source close to the coalition said.

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