Germany's incoming Chancellor Friedrich Merz has said an 'absolute priority' for him will be to distance Europe from the U.S. following comments by President Donald Trump.

Friedrich Merz's CDU party emerged as the largest party in Germany's parliament, the Bundestag, earning 28.6% of the vote.

After more than three years with Chancellor Olaf Scholz at Germany’s helm, Sunday’s election cemented the country’s lurch to the right.

German stocks rallied on Monday and the euro reached a one-month high after Germany’s election result put centrist parties on track to form a coalition. European shares more broadly held steady, while Wall Street futures rose after a U.

Germany’s next chancellor is likely to be Friedrich Merz, a former corporate lawyer who has promised to crack down on migration, cut taxes and regulation and adopt a hawkish policy toward Russia. Merz leads a center-right alliance that finished first in yesterday’s election,

Provisional results confirmed that the mainstream conservative party led by Friedrich Merz has won Germany’s national election.