German coalition 'agrees tax cut'

Merkel and FDP leader Guido Westerwelle joined forces last month

Germany's new coalition allies have agreed on major tax cut proposals after talks between Chancellor Angela Merkel's CDU party and the FDP.

The deal paves the way for the coalition to take office next week.

Income taxes will be slashed by 24bn euros ($36bn, £22bn) from 2011-2013, said Horst Seehofer, who heads the CDU's Bavarian sister party.

Read the whole story on BBC NEWS or try our Toolbar

German coalition eyes nukes and health care
Oct 25th, 2009 - Philly
Guido Westerwelle, the new foreign minister and leader of the pro-business Free Democrats, said at a joint news conference with Chancellor Angela Merkel that he wants...
New German coalition plans tax cuts
Oct 24th, 2009 - Al Jazeera English
Germany's Christian Democrats (CDU) and the Free Democrats (FDP) have agreed to form a coalition government, pledging to cut taxes, reform the health-care system, and pull all remaining US nuclear weapons from the country. Angela Merkel...
Merkel strikes coalition deal
Oct 24th, 2009 - guardian.co.uk
Three weeks of protracted negotiations between Angela Merkel's conservatives and the Free Democrats ended earlytoday when the parties signed a coalition deal focused on tax cuts.
German politicians agree to form new government
Oct 24th, 2009 - Boston
BERLIN—German Chancellor Angela Merkel on Saturday announced a new, center-right government with the Free Democrats, saying the coalition will "bravely solve the problems that are lying ahead of us." Merkel's Christian Democrats...
Merkel seals coalition deal
Oct 24th, 2009 - Washington Post
BERLIN (Reuters) - German Chancellor Angela Merkel's conservatives sealed a coalition deal with the Free Democrats (FDP) after marathon talks that stretched into early Saturday, leaders from the parties said. The agreement shortly after 2 a.m...