German Chancellor Angela Merkel’s prediction that this would be the most “difficult” election campaign of her long political career came true this week when her conservative alliance — between the Christian Democratic Union (CDU) and its sister Bavarian party, the Christian Social Union (CSU) — recorded its worst result in almost 70 years. Although the Christian… Read More >>
Merkel Victory Could Provide Calm for Global Markets
It was only six months ago that the future of Angela Merkel hung in the balance as Chancellor of Germany. Fast forward to the September 24 elections and the leader of the center-right Christian Democratic Party (CDU) is set to win enough shares of the vote to head a new coalition. Industry analysts say that… Read More >>