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German General Election: The Social Democratic Party takes the lead by a narrow margin, and it's clear who will get Christmas
$DEUTSCHE BOERSE AG (DBOEY.US)$ $iShares MSCI Germany ETF (EWG.US)$ Preliminary results showed that the German Social Democratic Party (SPD) won the national election on Sunday by a narrow margin and claimed to have obtained the “clear authorization” to lead the government for the first time since 2005, which would end the 16 years of conservative leadership under Merkel. Faction in power. The broadcaster ZDF’s forecast shows that the center-left Social Democrats are expected to get 26.0% of the votes, ahead of Merkel’s Christian Democrats (CDU)/Christian Social Union (CSU) conservative coalitions with 24.5%, but both sides believe they can lead. Next government
Article excerpted from Reuters Financial Morning Post