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Tags: Current Focus, Germany,
Former finance minister in a Merkel led coalition, Peer Steinbruck, will challenge Angela Merkel in 2013. His goal is not to make a good showing which leads to a coalition with the Christian Democrats, but to win the election outright. He is well known in Germany for his handling of the 2008-2009 financial crisis. Germans remember the image of Steinbruck and Merkel together the day Lehman Brothers collapsed, when Steinbruck assured depositors that their savings would be safe. He is trusted by Germans and may even win some of Merkel's right wing supporters who have lost faith in Merkel. Steinbruck is direct and speaks his mind, saying sometimes he thinks he too is "too-big-to-fail," in an allusion to banks, and would need a capital infusion. Merkel's personal popularity is high in Germany but the popularity of the Christian Democrats is declining and it has lost elections in key states recently. The SPD partner, the Greens are also more popular than the CDU partner, the Free Democrats.
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Merkel and the Christian Democrats are not getting much credit for an improving economy, as many of the reforms date back to the government of the SDP's Gerhard Schroeder. The unpopularity of foreign minister Westerwelle of the Free Democrats in Germany's ruling coalition government.
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With 15% of the vote the Free Democrats emerged a clear winner, the Christian Democrats at 34% made the poorest showing since 1949. Merkel forms acoalition with the Free Democrats.
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