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☆ Berlin needs to get its act together after state election results, former Siemens CEO says
▼ + stars: | 2023-10-12 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +1 min

Joe Kaeser delivers a speech during the Siemens Annual Shareholders' Meeting on February 3, 2021 in Munich, Germany. Pool | Getty Images News | Getty ImagesThe results of two state elections in Germany sent "a clear message" to Berlin that the government needs "to get their act together," Joe Kaeser, chairman of the Supervisory Board at Siemens Energy, told CNBC. The execution I think is something which has potential for improvement," Kaeser, the former CEO of Siemens, said in an interview with CNBC's Annette Weisbach Tuesday. The far-right Alternative for Germany (AfD) party gained votes in the two key regions. The AfD's candidate in Hesse, Robert Lambrou, had anticipated that voters would swing toward his party, saying that people were "heavily disappointed by the policy of the government."

Persons: Joe Kaeser, CNBC's Annette Weisbach, Angela Merkel's, Robert Lambrou, Kristalina Georgieva Organizations: Siemens, Getty, Board, Siemens Energy, CNBC, Conservative, Christian Democratic Union, CDU, Christian Social Union, Social Democrats, Greens, Free Democrats, IMF Locations: Munich, Germany, Berlin, Hesse, Bavaria, Germany's

☆ Germany's conservatives set to win state elections with far-right making gains
▼ + stars: | 2023-10-08 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +2 min

Photo: Arne Dedert/dpa (Photo by Arne Dedert/picture alliance via Getty Images)Germany's conservative opposition was slated to win two state elections while the far-right gained ground on Sunday, exit polls showed, halfway into the government of social democratic Chancellor Olaf Scholz. The two states were led by the main opposition Union alliance that reunites the Christian Social Union party and the Christian Democratic Union. In Hesse, theBoris Rhein's CDU had led as part of a coalition with the Greens — and was set to win 35.5% of votes, exit polls showed. Here, too, AfD strengthened its presence, from 13.1% of votes previously to 16% on Sunday. The ruling Social Democratic Party is expected to gain 16% in Hesse and 8.5% in Bavaria.

Persons: Arne Dedert, Olaf Scholz, —, theBoris Rhein's, Friedrich Merz, Hesse, Robert Lambrou Organizations: Getty, Union, Christian Social Union, Christian Democratic Union, ARD, CSU —, Free, Greens, Google, Social Democratic Party, CNBC Locations: Frankfurt, Hesse, Germany, Bavaria, Munich

☆ Germany's political landscape is shifting, with the far-right AfD party ahead in the polls
▼ + stars: | 2023-10-03 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +3 min

The AFD party leadership (front row) holds a banner reading OUR LAND FIRST! during a protest against the rising cost of living in a demonstration organized by the right-wing Alternative for Germany (AfD) political party on October 8, 2022 in Berlin, Germany. The Christian Democratic Union party (CDU), formerly led by chancellor of 16 years, Angela Merkel, currently polls the highest. "First of all you need a political will to stop it and we don't see this will among the other parties. "There is a backlash clearly … The population is now moving to the right," Sinn said, referring to the popularity of the AfD.

Persons: Omer Messinger, Angela Merkel, Robert Lambrou, Lambrou, CNBC's Annette Weisbach, Chancellor Olaf Scholz, Manfred Knof, Hans, Werner Sinn, Sinn Organizations: Getty, Social Democrats, Greens, Free Democrats, Christian Democratic Union, CDU, CNBC, Federal Ministry for Economic Affairs, Handelsblatt Locations: Germany, Berlin, Hesse, Frankfurt, Bavaria, Munich, Sonneberg, Thuringia, Europe

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