Following Sunday's close-run election results, the way forward for Germany seems unclear, with both Gerhard Schroeder and Angela Merkel claiming victory.
Ms Merkel's CDU Party, along with its sister party, the CSU won 35.2% of the vote, narrowly beating Schroeder's SPD party, which received 34.3% of the vote.
However, in view of the fact that voting in Dresden will now take place on October 2, following the death of one of the candidates there, polls have suggested that the CDU and SPD will end up with the same number of seats in Parliament.
According to reports, Chancellor Schroeder has refused to bow out, hoping to retain his leadership role as head of a three-party Social Democrat/Liberal/Green coalition. Ms Merkel is also said to be planning to commence talks with the Free Democrats and the Green Party, with an eye to creating her own coalition group.
The CDU leader recently caused some controversy when she appointed Paul Kirchof, a vocal supporter of flat tax proposals, as a finance policy expert to her election campaign team.
.
|
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy & Cookies
Copyright © 2012 - All Rights Reserved - Tax-News.com
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
Write a comment