Chancellor Angela Merkel’s Christian Democrats face a Lower Saxony state vote highlighting challenges she’ll face in a re-election bid in September amid collapsing support for her Free Democratic Party ally.
German Chancellor Angela Merkel’s party lost control of Lower Saxony state as the Social Democrats and Greens took a single seat majority, buoying the opposition parties eight months before federal elections.
Volkswagen AG , Europe’s largest carmaker, has the full backing of Lower Saxony to pursue an expansion strategy, including its merger with Porsche AG , according to the new head of the German state with veto power.
The German state of Lower Saxony, Volkswagen AG’s second-largest shareholder, opposes French government aid for PSA Peugeot Citroen’s ailing financing arm and indicated Germany would ask for a European Commision review.
German Chancellor Angela Merkel ’s party said it gave evidence to prosecutors investigating the financing of its 2003 state election campaign in Lower Saxony, a ballot that the country’s current president won.