Merz’s government to have a narrow majority after CDU/CSU and SPD got 28.6% and 16.4% of the votes respectively
- Merz’s CDU/CSU won German elections with 28.6% of the votes.
- AfD came second after garnering 20.8%, though Merz has ruled out a coalition with it.
- A coalition with the SPD which garnered 16.4% of the votes will provide Merz’s government with a narrow majority.
- Shares in German companies rose, with Volkswagen shares up 1.6% since the results were broadly in-line with market expectations.