- September 27, 2021
- Posted by: Stratford Team
- Category: Business
Supporters wave flags at the Social Democrats (SPD) headquarters after the exit polls were broadcast on television in Berlin on September 26, 2021.
ODD ANDERSEN | AFP | Getty Images
German business leaders have voiced relief after the country’s federal election results quashed the possibility of the next government having a strong left-leaning slant.
Preliminary results on Monday indicated that the center-left Social Democratic Party had gained the largest share of the vote, edging out current Chancellor Angela Merkel’s right-leaning bloc of the Christian Democratic Union and Christian Social Union.
The Green Party and the liberal Free Democratic Party are projected to have gained 14.8% and 11.5% of the vote, respectively, effectively rendering them kingmakers with all eyes now on what promises to be a prolonged period of coalition negotiations.
Both SPD leader and current Finance Minister Olaf Scholz and CDU-CSU candidate Armin Laschet will seek alliances,…