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German Social Democrats Ready for Coalition Talks

© AP Photo / Christian Charisius/dpaSocial Demoratic Party top candidate for chancellor, Martin Schulz, speaks at the party's headquarters in Berlin, Germany, Monday, Sept. 25, 2017 one day after the parliament elections
Social Demoratic Party top candidate for chancellor, Martin Schulz, speaks at the party's headquarters in Berlin, Germany, Monday, Sept. 25, 2017 one day after the parliament elections - Sputnik International
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The political crisis in Germany is deepening since the coalition talks have so far failed to produce an agreeable government formula and thus a new general election is looming on the horizon.

MOSCOW (Sputnik) — Germany's Social Democratic Party (SPD) is ready for coalition talks following the falter of the so-called Jamaica coalition talks between German Chancellor Angela Merkel's Christian Democratic Union and Christian Social Union (CDU/CSU) alliance, the Free Democratic Party and The Greens, the Die Welt newspaper reported Friday citing party's leadership.

Martin Schulz, the leader of German social democrats, has later confirmed the media reports in a tweet, saying, that "the president called on the parties to hold talks. We [SPD] will not refuse. If they in any way lead to us taking part in forming a government, this issue will be put up for vote among SPD members."

Previously, Schulz repeatedly ruled out the participation of his party in a government led by Angela Merkel as the junior coalition partner and reiterated his willingness to hold snap elections. However, the political chaos in the country seems to have forced Schulz to reconsider his stance on the matter.

The news comes after the leader of the FDP Christian Lindner announced that his party had withdrawn from the the talks on the formation of the coalition government. Given the refusal of the SPD to enter the so-called grand coalition with Merkel’s union and the fact that no party is willing to cooperate with the right-wing Alternative for Germany (AfD), the third most powerful party in the parliament, the only remaining options for the CDU/CSU are either a minority government with The Greens or a new election.

READ MORE: Germany's 'Grand Coalition' Woes Continue: Martin Schulz Urged to Start Talks

Workers complete the new four-cylinder diesel engine OM 654 during the official start of production in the MDC Power GmbH, a company of the German Daimler AG, in Koelleda, central Germany - Sputnik International
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Amid the unfolding political crisis in the country, German President Frank-Walter Steinmeier has held talks with the leadership of various parties urging them to avoid the new parliamentary election. Following talks with the president, the SPD held a meeting on Thursday night, after which SPD Secretary-General Hubertus Heil announced that the party was ready for talks and, thus, the formation of a government with Merkel's bloc has become possible, the Die Welt newspaper reported.

READ MORE: German Social Democrats Not Afraid of New Parliamentary Election — Schulz

As for the other options, ex-President of the Bundestag from the SPD Wolfgang Thierse and the chair of SPD's Basic Values Commission Gesine Schwan suggested to SPD head Martin Schulz and SPD faction head Andrea Nahles the formation of a government with The Greens and Merkel's bloc, the so-called "Kenya" coalition, according to a letter published by the Berliner Zeitung newspaper.

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