Reuters - Video

EDITION: U.S. | U.K. | IN

Business

Vote leaves Merkel down by not out

Monday, Jan 21, 2013 - 01:43

Jan.21 - Months before she is hoping to get re-elected in the German federal election, Chancellor Angela Merkel's party lost power in an extremely tight state vote. It's the latest in a string of defeats and a personal blow for Merkel. Joanna Partridge reports

▲ Hide Transcript

View Transcript

A day after a bitter election defeat - German Chancellor Angela Merkel wasn't letting her disappointment show. Her Christian Democrats lost power in the industrial and agricultural region of Lower Saxony. SOUNDBITE: German Chancellor Angela Merkel, saying (German): "I won't beat around the bush - after such a rollercoaster of emotions, of course a defeat hurts even more. And so today we were all quite sad." There was just one seat in it but her party's candidate David McAllister was beaten by the combined force of the Social Democrats and the Greens. It's the latest in a string of party defeats and a personal blow for Merkel. She's hoping to get re-elected herself later in the year and is still favourite to win a third term, says Patrick Armstrong from Armstrong Investment. SOUNDBITE: Patrick Armstrong, Managing Director, Armstrong Investment Management, saying (English): "The election's not until September, so I don't think you can make any strong statements about who's going to be in charge come September, but it does show things are very close." The election result didn't worry German investors. Merkel's defeat does give the opposition centre-left a majority in the upper house of parliament - meaning they could block her government's laws. And she may now have to take a more cautious stance. But Robert Halver from Baader Bank doesn't think it will alter her management of the euro zone debt crisis. SOUNDBITE: Robert Halver, Baader Bank, saying (German): "The Social Democrats and the Greens now have a majority in the upper house of parliament, so they will share the responsibility - and this means that the European peace movement, I mean the stabilisation of the euro zone, will carry on in the lower house." Merkel has consistently won praise for her handling of the crisis. She must hope that's what matters to voters come the federal election in September.

Vote leaves Merkel down by not out

Monday, Jan 21, 2013 - 01:43

Top News »

Money »

S&P 500 to new record on improving economy S&P 500 to new record on improving economy

Fri, Aug 29, 2014 - (2:31)

Finding meaning in the S&P 500 2000 mark Finding meaning in the S&P 500 2000 mark

Mon, Aug 25, 2014 - (2:35)

S&P falls back from record high S&P falls back from record high

Fri, Aug 22, 2014 - (1:35)

S&P 500 closes at new high S&P 500 closes at new high

Thu, Aug 21, 2014 - (1:24)

S&P 500 just shy of record S&P 500 just shy of record

Wed, Aug 20, 2014 - (2:23)

Apple hits $100 a share Apple hits $100 a share

Tue, Aug 19, 2014 - (2:06)

Nasdaq closes at 14-year high Nasdaq closes at 14-year high

Mon, Aug 18, 2014 - (2:23)

Putin puts Wall Street in buying mood Putin puts Wall Street in buying mood

Thu, Aug 14, 2014 - (2:10)

The Exchange »

The Exchange: Hot commodity The Exchange: Hot commodity

Wed, Jul 16, 2014 - (9:25)

The Exchange: Constitutional crusade The Exchange: Constitutional crusade

Wed, Jun 25, 2014 - (11:35)

The Exchange: The value of money The Exchange: The value of money

Mon, Jun 02, 2014 - (9:53)

The Exchange: China’s Second Continent The Exchange: China’s Second Continent

Tue, May 27, 2014 - (9:35)

The Exchange: A master of business arts The Exchange: A master of business arts

Thu, May 08, 2014 - (8:24)

The Exchange: America's bankrupt cities The Exchange: America's bankrupt cities

Mon, May 05, 2014 - (8:52)

The Exchange: Let the rocking commence The Exchange: Let the rocking commence

Tue, Apr 08, 2014 - (8:13)

The Exchange: The Moneyball fallacies The Exchange: The Moneyball fallacies

Mon, Mar 24, 2014 - (9:54)

Is doing good a good business? Is doing good a good business?

Mon, Mar 17, 2014 - (7:38)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, Feb 19, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, Jan 10, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, Aug 29, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, Aug 29, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, Aug 05, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, Dec 17, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sat, Dec 08, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Sun, Dec 09, 2012 - (10:39)

Moving Pictures »

Images of August Images of August

Fri, Aug 29, 2014 - (1:00)

Burning Together Burning Together

Mon, Sep 01, 2014 - (2:23)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, Aug 22, 2014 - (3:12)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, Aug 11, 2014 - (2:27)

Burned memories Burned memories

Fri, Aug 08, 2014 - (3:02)

Images of July Images of July

Thu, Jul 31, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, Jul 11, 2014 - (1:00)

A refugee in America gives back A refugee in America gives back

Wed, Jul 02, 2014 - (3:25)

A long search for refuge A long search for refuge

Fri, Jun 20, 2014 - (3:04)

World Cup: Around the globe in 50 goals World Cup: Around the globe in 50 goals

Fri, Jun 06, 2014 - (1:08)