She has a 15 to 20 point lead in the polls. She has a growing economy, falling unemployment, and personal approval ratings that are way off the charts, while her opponents are hopelessly split. There are plenty of things the markets are worrying about right now. But Angela Merkel losing power in Germany next month is not one of them.
What would happen if she lost, or only limped back into power with a fragile coalition? There would be a sharp sell-off in European equities, a chaotic government in Berlin, and a more rapidly integrationist EU as France’s Emmanuel Macron became the Continent’s dominant political leader. It would create a huge shock, and the ripples would be felt everywhere.
There are not many safe bets out there, but the re-election of Angela Merkel as Chancellor of Germany for a fourth term when the country goes to the polls on Sept 24 looks to be among them.
Right now, Merkel has a commanding lead in the polls. The latest average sample put the centre-Right CDU/CSU on 39pc, the SPD on 24pc, with the far-Left Die Linke on 9pc, the pro-business Free Democrats on 8pc, the Greens on 8pc, and the anti-euro Alternative for Deutschland on 7pc.
Reference: The Telegraph
Read more: http://www.telegraph.co.
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