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German CDU/CSU and SPD tied in national election


© Reuters. Supporters of the Christian Democratic Union (CDU), react to first exit polls after general elections, Berlin, Germany. September 26, 2021. REUTERS/Fabrizio Bensch

BERLIN (Reuters) – Germany’s CDU/CSU conservatives and their Social Democrat rivals were tied in Sunday’s national election, an exit poll showed, leaving open which of them will lead the next government as Angela Merkel prepares to stand down after 16 years in power.

CDU/CSU won 25%, the weakest result they have achieved in a federal election since World War II and was on par with Social Democrat(SPD), according to an infratest survey for broadcaster ARD.

Attention will now shift to informal discussions – likely with the Greens and liberal Free Democrats (FDP) – followed by more formal coalition negotiations https://reut.rs/2ZeqYw3, which could take months, leaving Merkel in charge in a caretaker role.

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.