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German elections led to a decline on European stock exchanges


February, 24 2025
watermark Economic news

European stock indexes are showing mostly negative dynamics against the background of the early elections to the German Bundestag. The exception was the German DAX index, which shows growth.


The British FTSE 100 recorded a slight decrease of 0.01%, reaching 8,658.25 points. The French CAC 40 dropped 0.31% to 8,129.46 points. At the same time, the German DAX rose by 0.54%, reaching the level of 22,385.15 points.


The Bundestag elections on Sunday attracted considerable attention. According to the results of the full vote count in 299 districts, the CDU/CSU bloc received 26.8% of the vote, taking first place. The right-wing Alternative for Germany (AfD) party took the second position with 20.8%. The Social Democrats (SPD), led by Olaf Scholz, came in third place with a score of 16.4%. 


The Green party received the support of 11.6% of voters, while the Leftists collected 8.8% of the vote. The new Sarah Wagenknecht Union for Reason and Justice party failed to overcome the necessary barrier, gaining 4.972%. The FDP, which was previously part of the government coalition, also remained outside the Bundestag. Its result was only 4.3%.


Overall, the election results were received quite positively by the markets, despite lingering concerns about possible economic decisions by the new government in the current fiscal situation.


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