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flag German conservative leader Friedrich Merz narrowly misses becoming chancellor, failing to win in the first parliamentary vote.

flag In a historic turn of events, conservative leader Friedrich Merz failed to secure the chancellorship of Germany in the first parliamentary vote, falling short by six votes. flag This marks the first time a candidate has failed to win on the first ballot since World War II. flag Merz's defeat triggered a 1.8% drop in the DAX index. flag The German parliament has 14 days to elect a new chancellor, with options including another vote for Merz or the president appointing the candidate with the most votes if no one secures a majority.

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