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Scholz seals coalition deal to become next German chancellor

The deal seals the end of Merkel's 16-year tenure

Olaf Scholz
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Olaf Scholz

Patrick Donahue, Birgit Jennen and Arne Delfs | Bloomberg
Olaf Scholz is set to succeed Angela Merkel as German chancellor after forging an unprecedented alliance that aims to revamp Europe’s largest economy by tackling climate change and promoting digital technologies.

After nearly two months of intense negotiations, Scholz’s center-left Social Democrats said they will present their agreement with the Greens and the pro-business Free Democrats on Wednesday. Details of the coalition deal will be published later, when Scholz and leaders from the other two parties will hold a news conference at 3 p.m. in the German capital.

The deal seals the end of Merkel’s 16-year tenure. During her

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