Germany's Social Democrats hold narrow lead in the race to succeed Angela Merkel
2021-09-27 08:56:42 source:CNBC
September 26, 2021
LONDON — Germany looks set for a three-way coalition in Berlin after one of the country's most significant federal elections in recent years.
Early projections on Sunday night pointed to a knife-edge result, with the center-left Social Democratic Party gaining 25.9% of the vote, according to public broadcaster ARD.
Angela Merkel's right-leaning bloc of the Christian Democratic Union and Christian Social Union was seen with 24.3% of the vote. Merkel is stepping down after 16 years as chancellor but her conservative alliance, heading toward its worst election result since World War II, could still cling on to power by consulting other parties and forming a coalition.
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