There are many observations worth making about news that Angela Merkel’s center-right CDU/CSU and the center-left SPD agreed this week to form another “Grand Coalition” government. But for now, let’s just leave it at this:
Merkel’s decision to offer the SPD control of the Finance and Foreign Ministries suggests that Merkel means to use her fourth and final term as Germany’s chancellor to work with France’s President Emmanuel Macron on significant reform of the Eurozone. No guarantee it’ll work, of course, and SPD members have yet to approve the coalition agreement, but Merkel’s apparent willingness to try is worthy of note.