Germany coalition: SPD leader Martin Schulz resigns

Loetzsch says Merkel doesn’t have a

"Every member of the Social Democratic Party sees the opinion polls and they want to put an end" to the decline in support, said Loetzsch, who served as Left Party co-leader from 2010 to 2012. "It was right when Martin Schulz proposed Andrea Nahles take over the interim leadership", Malu Dreyer, the influential regional prime minister of Rhineland-Palatinate said. However, SPD members have to vote on the change on 22 April.

Kevin Kuehnert, who leads the SPD's youth wing and is campaigning for members to vote against another tie-up with Merkel, welcomed the decision as he said it would enable the party to focus completely on the members' coalition ballot. The SPD is in a hard situation after its support fell to historically low levels after September's parliamentary elections.

German Chancellor Angela Merkel may have given the finance ministry to her Social Democrat (SPD) coalition partners but Berlin is not putting its finances at risk, a former lawmaker told CNBC Tuesday.

German media report that SPD members in the state of North Rhine-Westphalia were especially opposed to Mr Schulz - formerly European Parliament president - becoming foreign minister.

"I depart this office without bitterness or resentment", he said, nearly a year after he was elected as SPD party head with 100 percent of the vote.

"I will defend the idea of joining the big coalition, I will do all it takes to achieve this, "said Nahles, whose party, however, disagrees about joining a new large coalition of conservatives". He also refused to become the next foreign minister. "No more indiscipline in the SPD", said Ralf Stegner, the regional SPD leader in Schleswig-Holstein.

NYC bomber Ahmed Rahimi sentenced to life in prison
One of the inmates Rahimi tried to radicalize was already in prison in prison facing charges of attempting to recruit for ISIS. Afghan-born United States citizen Ahmad Khan Rahimi injured 30 people when one of the bombs exploded in Manhattan.

But Oettinger also conceded that this would be her final term as chancellor, if the new "grand coalition" goes ahead, addressing a succession debate that is starting to take hold as the CDU starts to look ahead to a post-Merkel era.

The coalition deal signed with Merkel's conservatives could be in jeopardy as the battle for the SPD leadership continues to play out.

The SPD originally wanted to reinvent itself in opposition but reconsidered when Merkel's attempt to form an alliance with two smaller parties failed late previous year.

Germany has been without a formal government since the September 24 election as Merkel failed to form an alliance with two smaller parties.

Merkel annoyed members of her Christian Democrats (CDU) by agreeing in the coalition talks to cede the finance ministry to the SPD.

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