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Merz vows to press ahead with reforms after historic German state election defeat
Source: CNBC
Elections & Domestic Politics
Projections showed Friedrich Merz's Christian Democratic Union receiving 4.9% in Mecklenburg-Western Pomerania, its lowest result in any German state since World War II. The historically weak regional election performance is a significant political setback for the CDU, though the article provides no direct market or policy implications.
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