Merkel Unretires: Chancellor Determined To Remain In Power Until 2021 As Succession Plan Implodes

Zero Hedge | 5/27/2019 | Staff
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The CDU's abysmal showing in last week's EU Parliamentary election marked the party's worst result ever in a national election. And apparently, the the loss of the CDU/CSU's position as the largest party in the bloc's largest legislative body was the last straw for Chancellor Angela Merkel, who reportedly regrets her decision to step aside as party leader last year - a decision she made to clear the way for her chosen successor, Annegret Kramp-Karrenbauer, or AKK.

According to media reports, Merkel is so frustrated with AKK over a series of missteps by the new CDU party leader that the chancellor has decided to withdraw her political support, throwing her well-laid succession plans into disarray.

Merkel - Determination - AKK - Job - Chancellor

Merkel's determination that AKK is not 'up to the job' of being chancellor comes as AKK and others within the CDU have pressured Merkel to step down early to give AKK a better shot at securing a full term in 2021.

Though her ability to influence the party is limited now that she has handed over control of the party's machinery, Merkel can still throw a massive wrench in the works by deciding to spend no more political capital helping AKK, whose chances of winning the chancellorship are fading.

Merkel - Decision - Support - Protege - Sign

Merkel's decision to withdraw support for her erstwhile protege is the latest sign that the longtime German leader is determined to stay on as Chancellor at least until her term ends in 2021, despite growing pressure from AKK and others within the party to step aside before the vote. The latest conflict between the two women erupted after AKK called an impromptu party conference next...
(Excerpt) Read more at: Zero Hedge
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