Breaking News
0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

German Social Democrats beat conservatives in vote to decide Merkel successor

CommoditiesSep 26, 2021 10:51PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
6/6 © Reuters. German Chancellor Angela Merkel and North Rhine-Westphalia State Premier, Christian Democratic Union (CDU) party leader and candidate for chancellor, Armin Laschet, attend a rally ahead of the September 26 general election, in Aachen, Germany, September 2 2/6

By Thomas Escritt and Paul Carrel

BERLIN (Reuters) -Germany's Social Democrats narrowly won Sunday's national election, projected results showed, and claimed a "clear mandate" to lead a government for the first time since 2005 and to end 16 years of conservative-led rule under Angela Merkel.

The centre-left Social Democrats (SPD) were on track for 26.0% of the vote, ahead of 24.5% for Merkel's CDU/CSU conservative bloc, projections for broadcaster ZDF showed, but both groups believed they could lead the next government.

With neither major bloc commanding a majority, and both reluctant to repeat their awkward "grand coalition" of the past four years, the most likely outcome is a three-way alliance led by either the Social Democrats or Merkel's conservatives.

Agreeing a new coalition could take months, and will likely involve the smaller Greens and liberal Free Democrats (FDP).

"We are ahead in all the surveys now," the Social Democrats' chancellor candidate, Olaf Scholz https://www.reuters.com/world/europe/german-leadership-race-boring-olaf-bets-craving-stability-2021-09-21, said in a round table discussion with other candidates after the vote.

"It is an encouraging message and a clear mandate to make sure that we get a good, pragmatic government for Germany," he added after earlier addressing jubilant SPD supporters.

The SPD's rise heralds a swing left for Germany and marks a remarkable comeback for the party, which has recovered some 10 points in support in just three months to improve on its 20.5% result in the 2017 national election.

Scholz, 63, would become the fourth post-war SPD chancellor after Willy Brandt, Helmut Schmidt and Gerhard Schroeder. Finance minister in Merkel's cabinet, he is a former mayor of Hamburg.

Scholz's conservative rival Armin Laschet, signalled his bloc was not ready yet to concede, though his supporters were subdued.

"It hasn't always been the first-placed party that provided the chancellor," Laschet, 60, told the round table. "I want a government where every partner is involved, where everyone is visible - not one where only the chancellor gets to shine," he said in an early attempt to woo smaller parties.

Schmidt ruled in the late 1970s and early 1980s in coalition with the FDP even though his Social Democrats had fewer parliamentary seats than the conservative bloc.

COALITION FOR CHRISTMAS?

Attention will now shift to informal discussions followed by more formal coalition negotiations https://reut.rs/2ZeqYw3, which could take months, leaving Merkel in charge in a caretaker role.

Scholz and Laschet both said they would aim to strike a coalition deal before Christmas.

Merkel plans to step down after the election, making the vote an era-changing event https://reut.rs/3hfDamG to set the future course of Europe's largest economy.

She has stood large on the European stage almost since taking office in 2005 - when George W. Bush was U.S. president, Jacques Chirac in the Elysee Palace in Paris and Tony Blair British prime minister.

After a domestic-focused election campaign, Berlin's allies in Europe and beyond may have to wait for months before they can see whether the new German government is ready to engage on foreign issues to the extent they would like.

A row between Washington and Paris over a deal for Australia to buy U.S. instead of French submarines has put Germany in an awkward spot between allies, but also gives Berlin the chance to help heal relations and rethink their common stance on China.

On hearing that the SPD were slightly ahead in polls, U.S. President Joe Biden told reporters in Washington: "I'll be darned... They're solid."

On economic policy, French President Emmanuel Macron is eager to forge a common European fiscal policy, which the Greens support but the CDU/CSU and FDP reject. The Greens also want "a massive expansion offensive for renewables https://reut.rs/2T1UKS3".

"Germany will end up with a rather weak chancellor who will struggle to get behind any kind of ambitious fiscal reform at the EU level," said Naz Masraff at political risk consultancy Eurasia.

Whatever coalition ends up in power, Germany's friends can at least take heart that moderate centrism has prevailed, and the populism that has taken hold in other European countries failed to break through.

The projected results for ZDF showed the far-right Alternative for Germany (AfD) on track for 10.5%, worse than four years ago when they stormed into the national parliament with 12.6% of the vote, and with all mainstream groupings ruling out a coalition with the party.

German Social Democrats beat conservatives in vote to decide Merkel successor
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (18)
Green Mango
Green Mango Sep 26, 2021 11:51PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Commie propaganda from China bots like Benji has influenced the mind numb youth there also. Another train wreck, oh well. Sam is right below. Plus, fat loser Merkel looks like a monk with a couple of pints in her.
Green Mango
Green Mango Sep 26, 2021 11:51PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Also that SDP candidate looks like a real fruit cake.
Green Mango
Green Mango Sep 26, 2021 11:51PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
...which Benji likes
Sam Jennings
Sam Jennings Sep 26, 2021 11:40PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Merkel is the worst "leader" Germany ever had...and their left wing is likely to be even worse.  May God save this country from these genocidal, Marxist political monstrosities.
Klaus Weyers
Klaus Weyers Sep 26, 2021 11:40PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
i am German.. could not agree more.. lived there for the last 2 years and very happy to be back home in the US.. Germany is so full of regulations and taxes and lacking basic fteedoms.. just what Biden is trying to do here
Andy Brinkhaus
Andy Brinkhaus Sep 26, 2021 11:40PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Basic freedoms such as...?
Trevor Roberts
LimitUp Sep 26, 2021 11:40PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Andy Brinkhaus I dont know much but one article pointed out you can go to jail for doing *****salute. Either you are a free country or not, there are down sides to absolute freedom like anything else.
Trat Nguyen
Trat Nguyen Sep 26, 2021 11:40PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Klaus Weyers  We made a big mistake letting scammers like you back in the country.
Benjamin McIntire
Benjamin McIntire Sep 26, 2021 11:00PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Needless to say, lots of triggered snowflakes in the comments.
Andy Brinkhaus
Andy Brinkhaus Sep 26, 2021 11:00PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Snowflake was used by leftists first, actually... Trump re-appropriated it.
Maks Mars
Maks Mars Sep 26, 2021 8:58PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Stock markets are safe and sound lol
James Sheehan
James Sheehan Sep 26, 2021 7:33PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
you people are just so misinformed about politics. Most people cannot grasp any understanding and that is terrifying.
Benjamin McIntire
Benjamin McIntire Sep 26, 2021 7:33PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Not everyone can be as wise and alpha brained as you friend. Please let us simple folk have some more time to try and catch up to your superiority.
Michael Pickering
Michael Pickering Sep 26, 2021 6:57PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
History will repeat in germany
David JC
David JC Sep 26, 2021 6:15PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
This sounds like more communism
Jeffrey Vose
Jeffrey Vose Sep 26, 2021 4:46PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
“Social” Democrats? What’s that mean? Is that like diet communism?
Angelo Aufderheide
Angelo Aufderheide Sep 26, 2021 4:46PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
They are basically US Democrats but a little more to the left. Free market with "healthy" amount of regulation and government aid.
Pat Mathieu
Pat Mathieu Sep 26, 2021 4:46PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
and mass immigration
Sam Smith
Sam Smith Sep 26, 2021 4:46PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Angelo Aufderheide diet communism describes it pretty well. But actually both CDU and SPD mean stagnation for Germany.
tirakib Love
tirakib Love Sep 26, 2021 4:18PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
hello
Miles Mathewson
Miles Mathewson Sep 26, 2021 4:16PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Unbelievable. But we'll still turn this world into a conservative place where liberals have no saying. Trump will be back in 3yrs mark my word
Benjamin McIntire
Benjamin McIntire Sep 26, 2021 4:16PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Lmfao
Steffen vdm
Steffen vdm Sep 26, 2021 2:53PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
"The problem with socialism is that you eventually run out of other people's money" - Margaret Thatcher
David JC
David JC Sep 26, 2021 2:31PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Are Dominion voting machines being used again?
Nang Shwe Eain
Nang Shwe Eain Sep 26, 2021 2:24PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
good
Bro KA Sed
Bro KA Sed Sep 26, 2021 12:51PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
How good
LEGEND AMJAD ali
LEGEND AMJAD ali Sep 26, 2021 12:10PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Lê Đinh
Lê Đinh Sep 26, 2021 11:42AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
hello
Lê Đinh
Lê Đinh Sep 26, 2021 11:42AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
hello
Millennial Metals
Millennial Metals Sep 26, 2021 2:42AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Politicians are Puppets for the central banks
Gkhn Akt
Gkhn Akt Sep 26, 2021 2:42AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Centralbanks are Puppets for the FED.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email