German parties in coalition talks agree to stick to balanced budget

BERLIN (Reuters) - Politicians from four German parties seeking to form a coalition government agreed on Tuesday to stick to the policy of balanced budget, a document seen by Reuters showed.

German parties in coalition talks agree to stick to balanced budget

German parties in coalition talks agree to stick to balanced budget

Chancellor Angela Merkel's Christian Democrats, their Christian Social Union Bavarian allies, the Greens and the pro-business Free Democrats also agreed to explore at later talks what fiscal flexibility they have to fund investments and tax cuts.

(Reporting by Andrea Rinke; writing by Joseph Nasr)

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