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Merz Fails Chancellor Vote: Coalition Crisis & Market Drop!

Friedrich Merz, CDU, Bundeskanzlerwahl, Bundestag, Scheitern, Wahlgang, Koalition, SPD, Carsten Linnemann, Lars Klingbeil, Johann Wadephul, Markus Söder, Manuela Schwesig, Grüne, AfD, Linke, Neuwahl, Aktienmarkt, DAX, Politik, Deutschland, Regierungskrise, politisches Chaos, Wahlbetrug, Misstrauensvotum, Bodo Ramelow, Europäische Union, Germany, political crisis, federal election

Merz’s Chancellorship Bid Stumbles in Historic Bundestag Vote

Friedrich Merz, the leader of the Christian Democratic Union (CDU), experienced a stunning setback in his attempt to become Chancellor of Germany. In a historic first, Merz failed to secure a majority in the initial round of voting within the Bundestag, the German parliament. While the anticipated grand coalition between the CDU and the Social Democratic Party (SPD) held a theoretical majority of 328 seats, Merz only garnered 310 of the 369 votes needed to secure the Chancellorship.

The unexpected outcome sent shockwaves through the political landscape, prompting immediate calls for a swift resolution and sparking accusations of internal dissent within the coalition ranks.

CDU General Secretary Carsten Linnemann emphasized the urgency of the situation, pressing for a second round of voting to be held promptly. He stressed the need for a stable and effective German government to address pressing domestic and international challenges, stating "Europe needs a strong Germany. Therefore, we cannot wait for days." Linnemann dismissed suggestions of internal division within the CDU, asserting that there were "no defectors" within the party’s ranks.

However, the SPD, the CDU’s coalition partner, distanced itself from any responsibility for the electoral mishap. SPD leader Lars Klingbeil stated that the party would consult with other democratic factions to determine the next steps in the process. Klingbeil defended his party’s commitment to the coalition agreement, citing the overwhelming support received from SPD members during the ratification vote: "We will now clarify the further process with the other democratic factions. I have not the slightest indication that the SPD has not fully stood. 85 percent in the membership vote is an order to the faction and it fulfills this. You can rely on us."

Despite the initial failure, Johann Wadephul (CDU), the designated Foreign Minister, expressed optimism that Merz would ultimately prevail. He downplayed the significance of the first-round defeat, drawing parallels to similar situations in state-level elections. "There have been numerous elections of prime ministers throughout Germany where it was not enough in the first ballot. It has also happened in other countries. And who is talking about whether it worked in the first or second ballot today?" Wadephul announced plans for a new vote to be held on Wednesday.

Wadephul acknowledged the disappointment of the initial outcome but framed the vote as a matter of individual conscience. He expressed confidence that a period of reflection would lead to a more favorable result in the subsequent ballot. "In the end, the election is a matter of conscience, which unfortunately turned out the way it did. Now the members of parliament will think again, and I am confident that it will work out afterwards."

Adding to the chorus of calls for unity, CSU leader Markus Söder issued a plea to all members of the Bundestag to prioritize the stability of the government. "Everything is still solvable, everything is still curable," Söder said in Munich. He urged "all Democrats to get a stable government on the way." He cautioned against using the vote as an opportunity to settle old scores. "It’s all about everything," he warned, emphasizing the need to "remain reasonable, remain calm, remain cool."

Mecklenburg-Vorpommern’s Prime Minister Manuela Schwesig (SPD) expressed her dismay at the events. "What happened today is irresponsible," Schwesig stated, while refraining from speculating on the source of the missing votes. "I trust all our colleagues from the SPD parliamentary group."

Despite their opposition to Merz’s policies, the Green Party expressed concerns about the potential for political instability. Green Party leader Franziska Brantner stated, "We want a capable government for Europe and Germany," but criticized Merz and Klingbeil for failing to secure the support of their own factions. "They must now prove that they can do that now, but also for four years." Party leader Felix Banaszak reiterated the Greens’ opposition to Merz’s candidacy, emphasizing the importance of governmental legitimacy and highlighting the role of the opposition.

The far-right AfD celebrated Merz’s failure as a sign of weakness within the governing coalition. AfD leader Alice Weidel called for new elections, arguing that the current coalition lacks a strong foundation. Weidel stated, "The best thing for our country would be to make a direct cut here," adding that "Mr. Merz should resign immediately and the way should be opened for new elections in our country." Bernd Baumann, the AfD’s First Parliamentary Secretary, echoed Weidel’s sentiments, alleging "election fraud" and claiming that Merz was "damaged from the outset."

The Left Party viewed Merz’s setback as a vote of no confidence in his leadership. Jan van Aken, a leader of the Left Party, questioned Merz’s ability to unite the country, stating, "If Merz does not even get the trust of his own people, how will he win the trust of the people who are struggling with the real problems of everyday life? He does not succeed in connecting, but only in dividing." Co-leader Ines Schwerdtner accused Merz of failing to adequately distance himself from the AfD. Heidi Reichinnek, the Left Party’s parliamentary leader, accused Merz of repeated "breaches of promise." Sören Pellmann, another Left Party leader, described the situation as "great chaos" even before the new government took office.

Bodo Ramelow, the former Prime Minister of Thuringia (Left Party), urged a swift resolution to the crisis. "Merz and Klingbeil have failed. They are responsible for this chaos," he said, expressing anger at the coalition and calling for the Bundestag to elect a Chancellor quickly.

The political turmoil also had a negative impact on the financial markets. The German stock index DAX experienced a sharp decline following the news of Merz’s failure, while the EuroStoxx 50 also fell.

The Association of Young Entrepreneurs warned of the detrimental consequences of the political uncertainty. "In times of economic uncertainty, growing bureaucracy, international competition, as well as international wars and conflicts, Germany needs reliable leadership," said Verbandschef Thomas Hoppe. "Party political machinations endanger the prosperity of our country, increase political disillusionment and are water on the mills of the extremists in the country."

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