Germany’s Friedrich Merz agrees spending deal with Greens

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Germany’s chancellor-to-be Friedrich Merz has agreed a deal with the Green party to inject hundreds of billions into the country’s defence sector and ageing infrastructure, according to two people with knowledge of the discussions.

Merz’s Christian Democrats (CDU/CSU), his likely coalition partner Social Democratic Party (SPD) and the Greens are scheduled to meet in parliament this afternoon to review the details of the deal, one of the people said.

Merz needs all three parties to pass his flagship package with a two-thirds majority in an emergency session of the old parliament on Tuesday. The three parties no longer command a supermajority in the new Bundestag, which was elected in February and is set to take office this month.

This is a developing story