German Voters Prefer Merkel, Voters Drift

123jump.com Staff
28 Sep, 2009
New York City

The election results of federal parliament of Germany, Bundestag handed victory to a coalition led by Chancellor Angela Merkel. CDU/CSU party returns to power with the lowest share of votes as voters drift to smaller parties and reject in droves the SPD message.

[R]6:00 AM Frankfurt – The German federal parliament, Bundestag results handed victory to a coalition led by Chancellor Angela Merkel. CDU/CSU party returns to power with lowest share of votes as voters drift to smaller parties.[/R]

German election results provided added impetus to the markets in Germany and Europe as the ruling coalition returns with the largest majority after the election. More voters drifted away from main parties to smaller parties as recession takes its toll on employment and government debt surges.

The likely coalition between CDU/CSU and FDP parties garnered 48.6%, the largest segment of votes in the election with Angela Merkel as the leader of the government.

The leader of FDP Guido Westerwelle is widely expected to be Foreign Minister and Vice Chancellor.

Angela Merkel led CDU/CSU won 33.8% or 14.655 million votes and Guido Westerwelle led FDP attracted 6.3 million votes or 14.6% of all votes. Frank Walter Steinmeier led SPD won 23% or 9.99 million of all votes.

CDU/CSU increased its seats in the Bundestag by 13 to 239, SDP lost 76 to 146 and FDP increased 32 to 93 seats.

In the last sixty years CDU/CSU received the lowest share of votes and FDP received increased their share to the record 14.6%. The SPD received their lower share of votes on the record but smaller parties the Left and the Green increased their shares to the record highs.

Smaller parties of communist and environment ideologies the Left gained 12% of the vote and increased their seats by 12 to 76 and the Green party increased their members in Bundestag to 68 from 51. The Left cornered 11.9% of all votes and the Green party received 10.7%.

Solar companies stocks declined as investors feared that the new government will cut subsidies for alternative power generators but nuclear power makers gained on the hopes that the election pledges to continue the life of power plants will be upheld.