Germany's Social Democrats have nominated Martin Schulz as their candidate to take on Chancellor Angela Merkel in September's federal election. Schulz made a name for himself in the European Parliament - where he last served as the body's president.
As Germany grapples with an unprecedented political scenario, Germany's oldest party, the Social Democrats, finds itself at the center of attention. Could it, indeed, would it, come to the country's rescue?
Preliminary coalition talks collapsed between Chancellor Merkel and potential partners over the weekend. After speaking with President Steinmeier, Merkel said she was ready to lead her party to fresh elections.
Leader Martin Schulz accepted the blame for the SPD's bitter defeat in the German election. His deputy has accused him of failing to recognize the seriousness of the party's crisis as political intrigue mounts.
Germany's Free Democrats have called off coalition talks with Angela Merkel's CDU/CSU bloc and the Greens. The German president is set to make an announcement on Monday afternoon after meeting with the chancellor.
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