Germanyβs new chancellor, now 69, has spent his life between politics and business.
After school, he studied law and worked as both a judge and lawyer. His has also held senior positions at various major corporations, including BlackRock Germany, and served on the boards of EY Germany and the Deutsche BΓΆrse.
β¦βLooking ahead, todayβs events are a painful reminder that it will be hard for the incoming government to fulfil the high expectations regarding investments and reforms,β he added. βFriedrich Merz and his government now face the monumental challenge of restoring economic strength while keeping everyone in their own parties aligned.β
CNBC