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November 16, 2013 AT 5:45 AM
German Chancellor Angela Merkel has signaled her readiness to accept the Social Democrats' demand for a legal minimum wage in order to secure their agreement to form a governing coalition, as negotiations enter the final stretch. Merkel began preparing her conservatives for a compromise by telling a Christian Democrats youth rally that the 8.50 euros per hour pay floor which the SPD demands "will play a role" in future. "It won't be our vision of a minimum wage," she added, conceding her party was unlikely to get its own way over the SPD on the issue.