Germany’s CDU Plunges to Historic Low in Hamburg

Germany’s CDU Plunges to Historic Low in Hamburg

Feb.24 — In Germany, Chancellor Angela Merkel’s party plunged to an historic low in a state election in Hamburg. The Christian Democratic Union’s outgoing leader Annegret Kramp-Karrenbauer has come under fire for struggling to steer the succession process. The party will gather its leadership in Berlin today in an attempt to seek a way out of the political crisis. Bloomberg’s Daniel Schaefer reports on “Bloomberg Markets: European Open.”

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