Germany’s Merz elected chancellor in second parliamentary vote after unexpected setback

Germany’s Merz elected chancellor in second parliamentary vote after unexpected setback


The leader of Germany’s Christian Democratic Union (CDU) and designated chancellor Friedrich Merz looks on during a session at the Bundestag (lower house of parliament) in Berlin on May 6, 2025 before a vote to elect the country’s next chancellor.

Tobias Schwarz | Afp | Getty Images

Friedrich Merz was elected as Germany’s chancellor in a second-round parliamentary vote on Tuesday, after failing to secure the necessary support earlier in the day.

Merz needed at least 316 of the 630 members of parliament to vote in his favor. He received 325 votes.

The German Dax stock market index pared losses after the result of the second vote. It was 0.4% lower by 3:22 p.m. London time.

Merz has been widely expected to become the leader of Europe’s largest economy following Germany’s federal election in February. His party, the center-right Christian Democratic Union, with its affiliate the Christian Social Union, secured the biggest share of votes at the time.

They are expected to form a coalition government with the center-left Social Democratic Party, which placed third in the election. The parties on Monday formally signed their coalition agreement following weeks of negotiations that began soon after the election. 

The coalition agreement outlines plans for policies including migration, changes to tax rules for individuals and businesses, and social security measures such as the minimum wage.

This breaking news story will be updated.



Source

Korea Zinc sinks 13% as largest shareholder group challenges U.S.-backed plans for Tennessee smelter
Politics

Korea Zinc sinks 13% as largest shareholder group challenges U.S.-backed plans for Tennessee smelter

Piotr Swat | Lightrocket | Getty Images Korea Zinc shares plunged over 13% on Tuesday, as its largest shareholder is reportedly opposing plans to create a U.S.-backed joint venture that will see a dilution of its equity stake in the South Korean company. Shares of the world’s largest zinc smelting company had climbed over 26% […]

Read More
Trump sues BBC for  billion, claims defamation from Panorama documentary
Politics

Trump sues BBC for $5 billion, claims defamation from Panorama documentary

A security guard stands guard outside BBC Broadcasting House after Director General of BBC Tim Davie and Chief Executive of BBC News Deborah Turness resigned following accusations of bias at the British broadcaster, including in the way it edited a speech by U.S. President Donald Trump, in London, Britain, November 11, 2025. Hannah Mckay | […]

Read More
Pentagon takes big stake in new Korea Zinc smelter in Tennessee, will get 10% of company
Politics

Pentagon takes big stake in new Korea Zinc smelter in Tennessee, will get 10% of company

The Defense Department is getting a 40% stake in a $7.4 billion mineral smelter to be built in Tennessee in partnership with Korea Zinc, Reuters reported Monday. The critical minerals smelting and processing facility could produce 540,000 tons of materials in the U.S. per year, according to the U.S. Commerce Department. The deal comes as […]

Read More