Just one in 10 Germans thinks Merz is up to the job after election wipeout

Billy Odell Tucker-Robinson Founder & Host — Banking With Billy Network • Financial Intelligence • Markets • World News • Independent Analysis
Published: 2026-10-02 • Permanent link

Rumors have been swirling for weeks, but the news finally broke: German Chancellor Olaf Scholz's conservative government has suffered a crushing defeat in the recent parliamentary elections. The Social Democratic Party (SPD) and the Green Party have formed a coalition, while the Christian Democratic Union (CDU) has been left reeling with only 18.6% of the vote. This seismic shift in German politics has sent shockwaves throughout the European economy, with many investors scrambling to reassess their positions.

As the dust settles, one thing is clear: the future of European energy policy hangs in the balance. With the CDU's dominance in the EU's energy sector now in jeopardy, the European Commission is likely to face increased pressure to reform its energy regulations. This could have far-reaching consequences for investors, with some analysts predicting a sharp increase in energy prices as the EU seeks to reduce its dependence on Russian gas. Consumers, meanwhile, may see higher energy bills in the coming months.

Historically, Germany has been a key player in the European energy market, with its Energiewende (Energy Transition) policy driving innovation and investment in renewable energy. However, the CDU's decline has raised questions about the EU's ability to maintain its energy leadership. According to Dr. Hans-Joachim Ziesing, a leading energy expert, "The CDU's loss is a blow to the EU's energy policy, but it's not a fatal blow. The EU still has a strong energy sector, and with the right leadership, it can continue to drive innovation and reduce carbon emissions.

As the EU navigates this uncertain landscape, investors are watching closely for signs of policy change. The European Commission is expected to unveil a new energy strategy in the coming months, which could have a significant impact on the energy market. With the EU's energy future hanging in the balance, investors are bracing themselves for a bumpy ride. Will the EU be able to maintain its energy leadership, or will the CDU's decline mark the beginning of a new era for European energy policy? Only time will tell.