Merkel Begins Campaigning For Fourth Term

All that stands between Angela Merkel and a fourth term is six weeks of campaigning.

The German chancellor goes into the Sept. 24 election with strong personal approval ratings and a party lead of some 15 percentage points over her main challenger, Martin Schulz. Barring unforeseen upsets, her campaign team’s main worry is a repeat of her first bid for the chancellery, when a commanding poll lead was reduced to a single percentage point on Election Day.

As she returns from vacation in the Italian Alps, Merkel, 63, is intent on avoiding any sense of complacency: On Saturday, she’ll kick start a 50-stop campaign tour across the country. After 12 years in office that have made her a pillar of the global stability valued by German voters, the election looks like Merkel’s to lose.


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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.