No catastrophe if Merkel fails to form coalition - Schaeuble


  • World
  • Friday, 19 Jan 2018

FILE PHOTO - Wolfgang Schaeuble of CDU, president of the Bundestag, German lower house of Parliament, is seen during a session of the Bundestag in Berlin, Germany, November 21, 2017. REUTERS/Axel Schmidt

BERLIN (Reuters) - Germany will not plunge into political crisis if Chancellor Angela Merkel's efforts to form a coalition government with the Social Democrats fail, former finance minister Wolfgang Schaeuble on Friday.

"If it works, this is good," Schaeuble, who gave up his finance portfolio to become president of the Bundestag lower house after an election last year, told Die Welt newspaper.

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