Merkel ally wants German conservatives to retain finance ministry

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BERLIN (Reuters) – Chancellor Angela Merkel’s conservatives should retain the finance ministry in any future coalition government with the Greens and the pro-business Free Democrats (FDP) to preserve the policy of a balanced budget.

“I would like to see the finance ministry remain with us,” Volker Kauder, parliamentary floor leader of Merkel’s Christian Democrats (CDU) told Spiegel magazine in an interview.

Finance Minister Wolfgang Schaeuble, who has agreed to step down after the Sept. 24 election that weakened Merkel’s…

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