Berliner Boersenzeitung - German state elections threaten new shock waves for Merz

EUR -
AED 4.095102
AFN 72.480008
ALL 90.801688
AMD 402.807486
ANG 1.995737
AOA 1023.635334
ARS 1721.721299
AUD 1.61933
AWG 2.007127
AZN 1.900047
BAM 1.955836
BBD 2.250342
BDT 139.162586
BGN 1.948955
BHD 0.422108
BIF 3342.96213
BMD 1.115071
BND 1.431727
BOB 13.402249
BRL 6.138357
BSD 1.117321
BTN 104.873949
BWP 15.391286
BYN 3.345962
BYR 21855.38619
BZD 2.247142
CAD 1.573644
CDF 2586.964483
CHF 0.914162
CLF 0.027822
CLP 1094.980351
CNY 7.444774
CNH 7.438418
COP 3608.76707
CRC 506.709417
CUC 1.115071
CUP 26.815498
CVE 110.267049
CZK 24.346956
DJF 198.963698
DKK 7.480457
DOP 67.891262
DZD 151.940824
EGP 59.957114
ERN 16.726061
ETB 183.378708
FJD 2.526309
FKP 0.833961
GBP 0.834166
GEL 2.893653
GGP 0.833961
GHS 13.055243
GIP 0.833961
GMD 83.077063
GNF 9896.183924
GTQ 8.538159
GYD 234.234353
HKD 8.744429
HNL 30.029558
HRK 7.547925
HTG 146.432722
HUF 363.51345
IDR 20192.258205
ILS 3.552538
IMP 0.833961
INR 104.716854
IQD 1693.83148
IRR 2108992.359359
ISK 136.919964
JEP 0.833961
JMD 177.323296
JOD 0.790629
JPY 176.710877
KES 145.192698
KGS 97.510486
KHR 4552.084602
KMF 492.86165
KPW 1003.563608
KRW 1520.737678
KWD 0.346765
KYD 0.931217
KZT 500.809308
LAK 25136.46717
LBP 100053.859534
LKR 371.556906
LRD 189.94353
LSL 18.477643
LTL 3.292514
LVL 0.674496
LYD 7.150133
MAD 10.921803
MDL 19.971371
MGA 5077.094359
MKD 61.556144
MMK 2341.311039
MNT 4015.078679
MOP 9.019368
MRU 45.108838
MUR 52.442198
MVR 17.176258
MWK 1937.436008
MXN 20.766565
MYR 4.528864
MZN 71.257178
NAD 18.477643
NGN 1502.23485
NIO 41.120764
NOK 10.548462
NPR 167.798119
NZD 2.015128
OMR 0.428348
PAB 1.117421
PEN 3.848972
PGK 5.092095
PHP 70.369926
PKR 309.016043
PLN 4.399568
PYG 6984.129802
QAR 4.084276
RON 5.343646
RSD 117.622186
RUB 91.352798
RWF 1649.13065
SAR 4.188587
SBD 8.974739
SCR 15.358485
SDG 670.719139
SEK 11.033072
SGD 1.430306
SHP 0.835103
SLE 25.591287
SLL 23382.48045
SOS 638.511867
SRD 41.908265
STD 23079.712667
STN 24.500455
SVC 9.776182
SYP 14498.149201
SZL 18.471343
THB 37.411034
TJS 10.307092
TMT 3.902748
TND 3.343362
TOP 2.684822
TRY 55.9111
TTD 7.577141
TWD 36.546782
TZS 2952.454872
UAH 50.616941
UGX 4570.084937
USD 1.115071
UYU 44.950835
UZS 13332.247784
VES 999.456181
VND 28526.296796
VUV 133.25575
WST 3.108617
XAF 655.957
XAG 0.021465
XAU 0.000274244363
XCD 3.013535
XCG 2.013637
XDR 0.788413
XOF 655.957
XPF 119.331742
YER 263.853652
ZAR 18.420333
ZMK 10036.978597
ZMW 22.703422
ZWL 359.052318
SSP 6406.644798
MXV 2.33632
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

German state elections threaten new shock waves for Merz
German state elections threaten new shock waves for Merz / Photo: John MACDOUGALL - AFP

German state elections threaten new shock waves for Merz

German voters go to the polls Sunday in two state elections where far-right and far-left gains could send new shock waves to Berlin and rock the government of embattled Chancellor Friedrich Merz.

Text size:

Merz, 70, has scheduled a crisis meeting of his centre-right CDU party leadership to discuss first results as they come in from the regional polls in Berlin and Mecklenburg-Western Pomerania.

The chancellor, in power for 16 months, has also cleared his calendar for the following days and skipped a trip to the UN General Assembly to deal with potential aftershocks from the votes.

The far-right, pro-Trump and Moscow-friendly Alternative for Germany (AfD) dealt a stunning defeat to his CDU two weeks ago in the state of Saxony-Anhalt, fuelling speculation that internal party support for Merz is wobbling.

The election debacle came as Merz's approval ratings have nose-dived and he has struggled to push through promised economic and social welfare reforms with his centre-left coalition partners the SPD.

The AfD will make fresh gains Sunday, polls suggest, although it is unlikely to come within reach of power in either state -- unlike in Saxony-Anhalt where it fell just a few seats short of an absolute majority.

Under-fire Merz received some badly needed support from CDU powerbrokers on Wednesday. Eight state premiers declared jointly that Germany needs "stability now more than ever" rather than "discussions about personnel".

They refrained from issuing a personal endorsement for Merz, however.

- Two tight races -

In Sunday's vote, the CDU faces different challenges unique to those regions.

In the northeastern coastal state of Mecklenburg-Western Pomerania, Merz's party is an onlooker to the main battle between the SPD of popular state premier Manuela Schwesig and the AfD.

While the AfD was polling at 36 percent against the SPD's 37, according to public broadcaster ZDF, Merz's CDU, at just six percent, was dangerously close to the five-per cent hurdle needed to stay in the state parliament.

A CDU crash below that line would be a historic first and heap enormous pressure on Merz.

In the city-state of Berlin, the ruling CDU is running a neck-and-neck race against the far-left Die Linke, which promises drastic steps to solve a dire housing crisis and is popular with young people.

A CDU defeat there would be another black eye for Merz -- especially at the hands of Die Linke, which wants to curb corporate power and leans toward Moscow.

When Merz took office in May last year, he vowed to reboot a flagging economy, rebuild the military to deter Russia, and reduce irregular immigration to soothe voters' fears and lure them away from the AfD.

But the AfD now leads nationwide polls and Merz's personal approval ratings hover just above 10 percent, not helped by his occasionally blunt and abrasive comments.

- Lowest support ever -

"In personal terms, the situation is quite dramatic" for Merz, said pollster Roland Abold of the Infratest Dimap research institute.

"In our last survey in September, 13 percent were still satisfied with his political performance. These are the lowest figures we have ever recorded for an incumbent chancellor," Abold told AFP.

Some commentators point out that most of Merz's problems have originated abroad.

The Ukraine and Middle East wars have sent energy prices surging, fuelling a cost of living crisis.

Worries about Russia have driven a massive German re-armament drive, sped up by US President Donald Trump's often hostile stance against European NATO allies.

And China's rapid rise is turning a long-time German export market into a fierce industrial competitor.

"Tough luck for Friedrich Merz," wrote Berenberg bank chief economist Holger Schmieding. Aside from the AfD challenge, the latest "surge in petrol prices and the public debate about his future are exacerbating his travails", he argued.

Trump and Russia's Vladimir Putin "have triggered the crises that have sent oil and gas prices into the stratosphere", Schmieding pointed out.

"But although parts of the right-wing AfD are close to both of them... voters tend to lay the blame for their pain at the ruling coalition led by Merz rather than at the friends of AfD."

Nonetheless, Schmieding judged it more likely than not that Merz would weather the current political storm and serve out his term until 2029.

(H.Schneide--BBZ)