German parties reach agreement on "grand coalition"

German Chancellor and leader of German Christian Democratic Union (CDU) Angela Merkel (L) and Leader of German Social Democratic Party (SPD) Martin Schulz attend a joint press conference at the headquaters of CDU in Berlin, capital of Germany, on Feb. 7, 2018. Three German parties reached an agreement on a "grand coalition" after tough negotiations, local media reported Wednesday morning.(Xinhua/Shan Yuqi)