June 27, 2025
Merz says the G7 will also discuss the war in Ukraine and that more pressure should be put on Russia to bring it to the negotiating table
"Europe and America are very united on this: We will closely support Ukraine on its path toward a ceasefire," Merz said in a post on X
Merz was the first would-be chancellor in postwar history to fail to win first-time backing. His conservatives have signed coalition with Social Democrats
It is an unexpected setback for the new coalition his Conservatives are trying to form with the centre-left Social Democrats
Berlin is expected to face a debate easing borrowing limits to revive economy
Merz doubles down on fears over the US policy
Mainstream parties rule out working with the AfD which enjoyed the endorsement of prominent US figures including Elon Musk
DAX futures firmed 0.2%, while EUROSTOXX 50 futures were flat. The euro edged 0.3% higher to $1.0493 EUR=EBS after the CDU/CSU won as polls predicted
