Merkel Poised to Win Elections But Who Could Follow Her When She Steps Down

“Angela the Great”, as one magazine dubbed her, looks a near certainty to be re-elected, the main doubt being whether her centre-right coalition gets a new lease of life or she has to govern with the centre-left. Both scenarios are fine with the public, pollsters say, as long as “Angie” stays in charge.

But two recent credible media reports that she will only serve two or three years of a four-year term, denied by Merkel, will make it hard for her conservative Christian Democratic Union (CDU) to keep a lid on succession talk for long.

Three potential heirs are widely touted – Labour Minister Ursula von der Leyen, Lower Saxony’s ex-premier David McAllister and Defence Minister Thomas de Maiziere – though all deny any such ambition. None has Merkel’s command of the party, or her ability to glide over daily politics and win elections.

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza