(Bloomberg) — Germany’s Angela Merkel will quit as head of her Christian Democratic party after almost two decades, a person familiar with the matter said.
She intends to stay on as chancellor and step down when her current term ends in 2021, the person said, despite a series of political setbacks that have eaten into her authority.
The fallout from another damaging result for the CDU in a regional election on Sunday is raising questions about how long the chancellor will be able to hold on in practice. Merkel herself blamed the losses on infighting in her national government.
Continue reading: Merkel to Quit as Party Chief as Her Chancellorship Wobbles