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DAX slumps as Merz fails to win confirmation vote

By Frank Prenesti

Date: Tuesday 06 May 2025

(Sharecast News) - German shares fell sharply after Friedrich Merz surprisingly failed to secure enough votes to become chancellor after the first round of parliamentary voting.


The result shocked markets across Europe, as Merz had been widely expected to win the vote and succeed Olaf Sholz six months...

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