The Trader 

Market Outlook: Leaderless in Germany

The Trader

Nicknamed AKK, AKA Annegret Kramp-Karrenbauer, was handpicked by Chancellor Angela Merkel to lead the CDU party – and hopefully fill her shoes when she retires in 2021. Yesterday the former stepped down as leader of the party and said she would not stand for the position of Chancellor when it becomes available. This is because of an outcry over voting in the ex-East German state of Thuringia, where contrary to convention barring all parties from working with the far-right Alternative for Deutschland, the CDU sided with them to elect a new state premier. The starting gun has been fired to see who’ll now lead the CDU.

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