Markets
German stocks drop as Merz stumbles in historic Bundestag defeat
German stocks fell and bund yields rose after Friedrich Merz failed to secure a Bundestag majority, marking a historic political setback. The DAX dropped 1.5%, with industrial stocks hit amid rising uncertainty over Germany’s economy.
Europe News
Merz to Europe: There's a new sheriff in town - Analysis
While Germany's chancellor-in-waiting Friedrich Merz is already plagued by criticism and sinking poll numbers at home, his EU partners are eagerly awaiting him on the Brussels scene. They expect him to replace the dullness of his predecessor with strong leadership - and Merz is willing to deliver.