German Chancellor Angela Merkel said she was skeptical of the option of a minority government on Monday, following the collapse of coalition talks between her Christian Democrats, the Green Party and the Free Democrats. Merkel said she would prefer new elections if she couldn’t form a majority coalition in an TV interview, adding that she would run as chancellor candidate again. Merkel’s CDU was unable to secure an outright majority in a September election. Negotiations to form a coalition collapsed when the FDP walked out of talks late Sunday. The euro , which had been under pressure all day, slipped further, last changing hands at $1.1743, down from $1.1793 late Friday. The DAX stock benchmark was up 0.5%.
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