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Merkel Wins Big in German Election

Wall Street Journal Original article ›

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The Christian Democrats have their best results in 20 years in the 2013 general elections. The Free Democrats had about 4.5% of the vote, below the 5% threshhold required for representation in parliament. The Alternative for Germany party was close to but missed the 5% threshhold for parliament. The Christian Democrats received 42% of the vote. The Social Democrats won 26% of the vote. The CDU/CSU won 311 seats, the SPD 192 seats, the Left party 64 seats, and the Greens 63 seats in preliminary results. Because the CDU missed an absolute majority by a thin margin in parliament it will have to form a coalition government with one of the other parties, the Greens or the SDP.

Angela Merkel and Christian Democrats politics in Germany

08/24/2012

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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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Angela Merkel drives a VW Golf for supermarket shopping from her apartment in central Berlin. Voters sense this as fairly normal behaviour of the chancellor. Voters dislike the fact that her SDP rival Steinbruck took 1.3 million euros in speaker fees in 2012. By contrast there is a sense of authenticity for the chancellor. Merkel supports setting minimum wages by industry, and is taking away many social and economic fairness issues away from the SDP. Her personal popularity is above 60% in polls taken in 2013. Even at a time when the Christian Democrats and partners Free Democrats have lost state elections, the personal popularity of the chancellor remains high. The hard work in defending the euro currency and German position favoring financial discipline coupled with flexibility in setting deficit targets, shows a chancellor with proven results as the European economies gradually recover from recession.

Grouped Articles

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Merkel Wins Big in German Election

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Germany's Social Democrats Agree to Coalition Talks With Merkel

Wall Street Journal 10/21/2013


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