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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.