What’s Angela Merkel’s net worth?

In 2002, Merkel was sworn in as Christian Democratic Union (CDU) party leader. Although it was a largely ceremonial role, Merkel was able to focus attention on several of her goals. The CDU had held office for almost 61 years, but the party’s leadership had lost three elections in a row. Merkel was able to instil discipline in the party and oust a rebellious faction of moderate hawks from the party’s board.

The CDU was on a downward trajectory for much of the ‘90s, and went into the second of Merkel’s three elections as a coalition partner in 1996 on a downward trajectory. Her vision of reform brought some success: since 2000, the CDU’s share of the vote has grown by an average of nearly four points, although it has fallen by one point in the last two elections. In a sense, the CDU is “an imperfected party”, say some observers, lacking a consistent ideological platform. Merkel leads an erratic political “coalition of persuasion”. On rare occasions, she has put together a grand coalition with the Social Democrats (SPD) – including the last two times since 2005.

Her Germany, unique in the sense that she is the only woman chancellor, was criticised by the Guardian in 2012 for its “endemic misogyny and openly chauvinist society”. Her government was accused of presiding over “massive gender pay and career gaps”. She’s tended to stick to politically correct topics such as Brexit, but there’s also been a push to champion gay rights, which have recently been given a boost by a survey which showed 86% of Germans now support gay marriage.

Among the other highlights in her parliamentary career, Merkel oversaw the 2009 financial crisis when a run on German banks threatened the economy with disaster. She was the first German chancellor since WW2 to accept televised debates with her political opponents. She also reportedly gambled her political capital by becoming the first European leader to boycott the EU summit in March 2015, angry at then-British Prime Minister David Cameron’s decision to call an in/out referendum on UK membership of the EU in Britain.

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