German Chancelor Angela Merkel (Source: AFP/ VNA)

The SPD, which initially wanted to stay in opposition, has agreed to explore the possibility in the interest of political stability after Merkel’s coalition talks with two smaller parties collapsed in November. Exploratory talks are scheduled from January 7 to 12. Former finance minister Wolfgang Schaeuble, now president of the lower house of parliament, said on Saturday he cannot rule out a minority government if no deal emerges. Another alternative would be a new election.