Germany’s Christian Democrats, the party of Chancellor Angela Merkel, voted in favor of a grand coalition with the Social Democrats on Monday during a party conference, according to local press. Merkel earlier reminded her party members of their task to make a responsible decision for the nation. Germany held elections in September last year but hasn’t been able to form a government since. The overwhelming vote in favor of the coalition was expected, while the SPD’s vote, which has been in progress for a week already, is less certain. The final result will be announced on Sunday, March 4. If the center-left SPD votes against the plan to join forces the center-right CDU once again, Germany could be headed for new elections. The euro was little changed at $1.2301 following the news.
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