Conservatives lead in German elections, far-right AfD comes in second
German opposition leader Friedrich Merz declared victory after his Christian Democrats won nearly 29% of the votes in the country’s federal election. Chancellor Olaf Scholz's Social Democratic Party faced a historic defeat with the lowest vote share for the center-left party since 1949.
The pound traded lower against the euro on Monday after Germany's conservatives won a national election as expected.
Whether he can form a strong coalition remains to be seen, but whatever he does will be an essential part of Europe’s ...
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