Friedrich Merz was elected Chancellor of Germany by the Bundestag after two votes.
Out of the 630 votes of the Bundestag, Merz failed to get the necessary 316 votes in the first vote.
The conservative CDU/CSU and the Social Democrat SPD had previously agreed to form a coalition government.
In the second vote, Merz secured 325 votes, thereby averting a political crisis.
Tensions within the coalition and dissident deputies play a significant role in this situation.
The far-right AfD and the Frankfurt Stock Exchange reacted negatively to the first vote.
The credibility and stability of the new government are in question.
Conclusion: This turn of events is a setback for Merz and underscores the potential difficulties he may encounter in unifying the coalition and establishing solid leadership.