Friedrich Merz, the frontrunner to be Germany’s next chancellor, said he’s open to considering common European Union borrowing for defense, a potential game-changer as the bloc responds to Russian aggression and fading US engagement.
EUR/NZD climbed on Tuesday as the euro was aided Germanys election result and growing speculation about a potential peace deal in Ukraine. Friedrich Merz is poised to become Germanys next chancellor after
European shares steadied on Monday as Germany's election produced no nasty surprise, while Wall Street futures firmed on hopes results from AI diva Nvidia this week would justify the tech sector's sky-high valuations.
German's new conservative leader Friedrich Merz still has to form a coalition government and it is not yet clear whether that will include one or two partners, with the latter likely to take more time and horse trading.
Germany’s mainstream conservatives led by Friedrich Merz won the country’s national election, ensuring that Ukraine has an even stronger supporter in the European Union’s largest country and
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.
Frankfurt equities and the euro rose Monday after conservatives led by Friedrich Merz won Germany's national election, with investors hoping that Europe's largest economy can emerge from recession.
Friedrich Merz's CDU/CSU secured 28.52% of the vote while the far-right Alternative for Germany (AfD) secured 20.8% of the vote.
Far-right Alternative for Germany came second, doubling its vote to achieve its highest-ever share CDU/CSU has the option of forming a two-party government with the SPD, which won about 16% of the vote — its worst result since 1887.
Germany's mainstream conservatives led by Friedrich Merz won the country's national election, ensuring that Ukraine has an even stronger supporter in the European Union's largest country.
Beijing is projecting itself as a reliable force to help inject ‘new vitality’ into China-EU relations as transatlantic relations wobble.
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