German Chancellor Angela Merkel to Step Down – What It Means + Possible Consequences

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German Chancellor Angela Merkel announced she would leave the chair of the leader of her CDU party. 

Read the details on Nexter.org.

Source: The National Interest

In a nutshell

  • German Chancellor Angela Merkel announced she would leave the chair of the leader of her center-right Christian Democrat Union (CDU) party;
  • She has spent 18 years in the post;
  • She won’t participate in re-election at the party’s convention in December;
  • Angela Merkel assured media she wanted to keep her post as chancellor as she held it since 2005;
  • It means that Angela Merkel will be the chancellor until 2021. This term will be her last one.

What does it mean?

The fact that Angela Merkel is leaving the post means that her power within her own party has weakened as her popularity in the country.

Until this day, Merkel ran two parties: the CDU and the Social Democratic Party (SPD). Both of them faced heavy losses in a regional election over the weekend.

However, CDU remained the largest party in the election with the results decreasing 10% from the last election.

Source: Giphy

Consequences

Recently, Merkel admitted that the citizens of had lost trust in the government and that it was her duty to “make sure that trust is won back.”

“I will work on that with as much vigor as I can,” she stated. Stepping down from the post of CDU party might be the first step towards her goal.

Nevertheless, the analysts don’t think so.

“Even if Merkel were to be replaced and/or if a new government were to take power in Berlin, with or without new elections, it would not make a major difference once the dust has settled,” Holger Schmieding, chief economist at Berenberg, said in a note to Bloomberg. “Any conceivable coalition in Berlin would still be dominated by the mainstream parties CDU/CSU, SPD, Greens and the smaller Liberals.”


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German Chancellor Angela Merkel to Step Down as CDU Party Leader - What It Means + Possible Consequences
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German Chancellor Angela Merkel to Step Down as CDU Party Leader - What It Means + Possible Consequences
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German Chancellor Angela Merkel announced she would leave the chair of the leader of her CDU party. 
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