In a historic first, conservative leader Friedrich Merz ’s bid to become Germany’s 10th chancellor since World War II failed by six votes in parliament on Tuesday, a stunning defeat as he had been widely expected to win smoothly. A candidate for chancellor has never failed to win on the first ballot since the end of the war. The loss triggered a stock market slide: the DAX, the index of major German companies, was down 1.8% following the vote. Merz needed a majority of 316 out of 630 votes. He only received 310 votes — well short of the 328 seats held by his coalition, which is also one of the slimmest postwar majorities. Because the vote was held by secret ballot, it was not immediately clear — and might never be known — who had defected from Merz’s camp.
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