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Free AccessSocial Democrats Suffer Another Defeat In Regional Poll
Chancellor Olaf Scholz's Social Democratic Party (SPD) lost to the Christian Democratic Union (CDU) in the election to the regional legislature of North Rhine-Westphalia, Germany's most populous state.
- This is the SPD's second electoral defeat in as many weeks after the Schleswig-Holstein May 8 poll and deals a blow to Scholz, who travelled to the state multiple times during the campaign period.
- Scholz's party won just shy of 27% of the vote, its worst-ever result in North Rhine-Westphalia, with the CDU improving their performance to nearly 36%.
- The federal government's handling of the Russia-Ukraine crisis has been widely cited among the reasons for these unsatisfactory results, with Scholz accused of foot-dragging on Western initiatives to support Kyiv.
- The Greens almost tripled their vote share, which makes them a kingmaker, as a poor showing from the FDP rules out the reinstatement of a CDU-FDP administration.
- A CDU-Green administration is the most likely outcome but a replication of the federal "traffic lights" alliance (SPD+Greens+FDP) or a "Jamaica" coalition (CDU+Greens+FDP) are also possible scenarios.
- Whether or not the CDU will enter the next administration, the results bode ill for the SPD, as the sheer size of North Rhine-Westphalia makes the regional poll a bellwether for national sentiment.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.