Friedrich Merz's bid to become Germany's chancellor fails in parliament in a stunning defeat
BERLIN (AP) — In a historic first, conservative leader Friedrich Merz ’s bid to become Germany’s 10th chancellor since World War II failed by six votes in parliament on Tuesday, a stunning defeat as he had been widely expected to win smoothly. A candidate for chancellor has never failed to win on the first ballot since the end of the war. The loss triggered a stock market slide: the DAX, the index of major German companies, was down 1. 8% following the vote. Merz needed a majority of 316...
Read MoreTue, 06 May 2025
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