The China Mail - Germany's Merz elected chancellor after surprise setback

USD -
AED 3.672501
AFN 65.999906
ALL 83.302086
AMD 382.09008
ANG 1.790176
AOA 917.00004
ARS 1408.179299
AUD 1.52023
AWG 1.8025
AZN 1.70389
BAM 1.68937
BBD 2.014244
BDT 122.111228
BGN 1.68707
BHD 0.377018
BIF 2950
BMD 1
BND 1.30343
BOB 6.910223
BRL 5.2939
BSD 1.000082
BTN 88.671219
BWP 14.25758
BYN 3.410338
BYR 19600
BZD 2.011289
CAD 1.398725
CDF 2137.497068
CHF 0.794445
CLF 0.023707
CLP 930.019904
CNY 7.11275
CNH 7.095625
COP 3706.75
CRC 502.36889
CUC 1
CUP 26.5
CVE 95.374988
CZK 20.812199
DJF 177.720029
DKK 6.41914
DOP 64.39652
DZD 130.297012
EGP 47.180286
ERN 15
ETB 153.601015
EUR 0.85964
FJD 2.271804
FKP 0.76162
GBP 0.759325
GEL 2.716915
GGP 0.76162
GHS 10.964974
GIP 0.76162
GMD 73.497294
GNF 8685.000003
GTQ 7.664334
GYD 209.232018
HKD 7.770465
HNL 26.309931
HRK 6.481599
HTG 130.904411
HUF 330.134975
IDR 16727.2
ILS 3.19875
IMP 0.76162
INR 88.636496
IQD 1310
IRR 42112.491712
ISK 126.350053
JEP 0.76162
JMD 160.817476
JOD 0.709033
JPY 154.415973
KES 129.187145
KGS 87.449858
KHR 4020.000244
KMF 427.498797
KPW 900.002739
KRW 1462.789747
KWD 0.30675
KYD 0.833377
KZT 524.809647
LAK 21694.999877
LBP 89572.717427
LKR 304.582734
LRD 182.000053
LSL 17.24503
LTL 2.95274
LVL 0.60489
LYD 5.460465
MAD 9.282494
MDL 16.941349
MGA 4500.000098
MKD 53.084556
MMK 2099.574422
MNT 3579.076518
MOP 8.005511
MRU 39.850126
MUR 45.803814
MVR 15.404988
MWK 1735.999979
MXN 18.268895
MYR 4.126992
MZN 63.959782
NAD 17.245037
NGN 1442.190133
NIO 36.770279
NOK 10.050625
NPR 141.874295
NZD 1.760515
OMR 0.384498
PAB 1.000073
PEN 3.369003
PGK 4.120237
PHP 58.886057
PKR 280.750457
PLN 3.63684
PYG 7057.035009
QAR 3.640897
RON 4.370402
RSD 100.725029
RUB 80.626386
RWF 1450
SAR 3.750417
SBD 8.237372
SCR 13.863319
SDG 600.499807
SEK 9.398475
SGD 1.29966
SHP 0.750259
SLE 23.375014
SLL 20969.509086
SOS 571.48083
SRD 38.5565
STD 20697.981008
STN 21.45
SVC 8.750858
SYP 11056.921193
SZL 17.244968
THB 32.269875
TJS 9.260569
TMT 3.5
TND 2.952502
TOP 2.40776
TRY 42.253297
TTD 6.781462
TWD 31.068499
TZS 2440.000269
UAH 42.073999
UGX 3625.244555
UYU 39.767991
UZS 12005.00033
VES 233.26555
VND 26330
VUV 122.187972
WST 2.81293
XAF 566.596269
XAG 0.018418
XAU 0.000236
XCD 2.70255
XCG 1.802343
XDR 0.704774
XOF 564.999955
XPF 103.249894
YER 238.493009
ZAR 17.00268
ZMK 9001.221651
ZMW 22.426266
ZWL 321.999592
  • RBGPF

    -0.0500

    78.47

    -0.06%

  • CMSC

    0.1100

    24.08

    +0.46%

  • RYCEF

    -0.0700

    14.96

    -0.47%

  • RELX

    -1.1200

    41.36

    -2.71%

  • GSK

    -0.3400

    48.07

    -0.71%

  • SCS

    0.0000

    15.75

    0%

  • RIO

    0.7900

    71.11

    +1.11%

  • NGG

    0.7200

    78.03

    +0.92%

  • AZN

    -1.4100

    87.68

    -1.61%

  • BTI

    0.0600

    55.82

    +0.11%

  • BP

    -0.4900

    36.86

    -1.33%

  • BCC

    0.6500

    70.28

    +0.92%

  • VOD

    -0.3000

    12.37

    -2.43%

  • JRI

    0.0500

    13.87

    +0.36%

  • BCE

    -0.6400

    22.77

    -2.81%

  • CMSD

    0.2300

    24.55

    +0.94%

Germany's Merz elected chancellor after surprise setback
Germany's Merz elected chancellor after surprise setback / Photo: © AFP

Germany's Merz elected chancellor after surprise setback

Germany's conservative leader Friedrich Merz won on Tuesday a nail-biter second vote in parliament to become chancellor after he lost the first round in a stunning early setback.

Text size:

Merz, 69, scored an absolute majority of 325 against 289 in the secret vote in the lower house of parliament.

He takes over at the helm of a coalition between his CDU/CSU alliance and the centre-left Social Democrats (SPD) of the outgoing chancellor, Olaf Scholz.

President Frank-Walter Steinmeier was set to appoint him as post-war Germany's 10th chancellor later Tuesday, along with his cabinet, before Merz is due to visit Paris and then Warsaw on Wednesday.

His victory caps a long ambition to lead Europe's biggest economy, which was first foiled decades ago by party rival Angela Merkel who went on to serve as chancellor for 16 years.

Merz's eventual victory on Tuesday was bittersweet as the initial defeat -- the first such outcome in Germany's post-war history -- pointed to rumblings of discontent within his uneasy coalition.

The unprecedented first-round loss was "a bad start" for Merz and "shows that he cannot fully rely on his two coalition parties, wrote analyst Holger Schmieding of Berenberg Bank.

"That will sow some doubts about his ability to fully pursue his agenda, damaging his domestic and international authority at least initially."

The far-right Alternative for Germany (AfD) especially cheered the heavy political blow to Merz, who has vowed to restore stability in Berlin after half a year of political turmoil.

"Merz should step aside and the way should be cleared for a general election," AfD co-leader Alice Weidel said earlier, calling the first-round result a "good day for Germany".

- 'World is watching' -

The first secret vote was expected to be a formality but turned to disaster for Merz when he failed to muster the required absolute majority, falling short by six votes.

The early setback for Merz stunned Germany and set off frantic crisis meetings in the Bundestag.

Merz has vowed to revive the ailing economy and strengthen Berlin's role in Europe as it responds to rapid change since US President Donald Trump returned to power.

Trump has heaped pressure on European allies, complaining they spend too little on NATO and imposing tariffs that are especially painful to export power Germany.

CDU parliamentary leader Jens Spahn had emphasised the urgency of a new government taking office, given the economic and geopolitical turbulence.

"The whole of Europe, perhaps even the whole world, is watching this second round of voting," Spahn said before the second vote, urging MPs to "be aware of this special responsibility".

- 'Profound upheaval' -

Merz, who boasts a strong business background but has never held a government leadership post, said on Monday: "We live in times of profound change, of profound upheaval... and of great uncertainty.

"And that is why we know that it is our historic obligation to lead this coalition to success," he said.

To take over as chancellor, Merz needed an absolute majority of 316 votes.

But in Tuesday's first vote, he only won the backing of 310 MPs, with 307 voting against him.

Capital Economics analyst Franziska Palmas argued Merz's initial setback "does leave Merz severely weakened and suggests that hopes for more stability in German politics may be disappointed".

U.Chen--ThChM