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After overcoming historic loss, Merz becomes chancellor
Hindustan Times Noida
|May 07, 2025
Conservative leader Friedrich Merz succeeded on Tuesday in becoming Germany's next chancellor, drawing applause and a palpable sense of relief in the parliament chamber after a historic loss in the first round of voting threatened the new government's promises of stability.
BERLIN:
No other postwar candidate for German chancellor has failed to win on the first ballot. The stunning but short-lived defeat sent shock waves throughout Europe and dragged down the stock market. The DAX, the index of major German companies, fell by 1.8% at one point.
This story is from the May 07, 2025 edition of Hindustan Times Noida.
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