Viral Swing: Merkel signals readiness for new election after coalition talks collapse

By Paul Carrel and Gernot Heller BERLIN (Reuters) - Chancellor Angela Merkel said she would prefer a new election to ruling with a minority after talks on forming a three-way coalition failed overnight, but Germany's president told parties they owed it to voters to try to form a government. The failure of exploratory coalition talks involving her conservative bloc, the liberal pro-business Free Democrats (FDP) and environmentalist Greens raises the prospect of a new election and casts doubt about her future after 12 years in power. Merkel, 63, said she was sceptical about ruling in a minority government, telling ARD television: "My point of view is that new elections would be the better path." Her plans did not include being chancellor in a minority government, she said after meeting President Frank-Walter Steinmeier.