German Chancellor Angela Merkel is now out on the wires as she is informing the media on the political situation at the CDU, delivering the below-seen remarks, via Bloomberg.
- Won’t seek another term as Chancellor in 2021.
- Remains ready to serve out the term as Chancellor.
- Won’t be seeking re-election as CDU party Chairwoman.
- I believe we need to turn a new page.
- The government has lost credibility.
- I take responsibility for what has happened since the federal election last year.