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2026-09-21 20:14:14
[German State Election Setback, Chancellor Says Coalition Will Remain] ⑴ Following the state elections, German Chancellor Merz stated that it was a dramatic result, with his Christian Democratic Union (CDU) failing to cross the 5% threshold. ⑵ He acknowledged that national politics and his personal influence had a significant impact on the election outcome. ⑶ He expressed gratitude to the Social Democratic Party (SPD) for wanting to remain in his coalition government. ⑷ He stated that the SPD had indicated that morning its intention to remain in the Berlin coalition, a position that also applied to him and the CDU. ⑸ He emphasized that both sides are determined to jointly address the historic challenges facing the nation. ⑹ Merz also stated that there had been no discussion within the CDU regarding his position. ⑺ Combined with previous analysts' warnings about the political uncertainty in France and Germany, the stability of the ruling coalition in Germany will remain a crucial factor influencing the euro and European assets.
