Merkel tells party she's ready to seek 4th term as chancellor

[BERLIN] German Chancellor Angela Merkel told her party on Sunday that she will seek re-election next year - a move likely to be welcomed in many capitals as a sign of stability following poll triumphs for "Brexit" in the UK and Donald Trump in the US.

After months of feverish speculation, Ms Merkel said at a meeting of her conservative Christian Democrats (CDU) that she would run for a fourth term, party sources told AFP.

Ms Merkel, 62, has governed Europe's top economic power, which does not have term limits, since 2005. She was due to hold a news conference at 1800 GMT on Sunday.

Another full four-year mandate, which pollsters say is likely, would tie the post-War record set by her mentor Helmut Kohl, who presided over the 1989 fall of the Berlin Wall.

With no clear successor in the CDU, her decision also comes as a relief to her party.

She represents "stability and reliability in turbulent times because she holds society together and stands up to oversimplification" by populists, CDU deputy leader Julia Kloeckner told Welt am Sonntag newspaper. "She stands for moderation and centrism instead of cheap headlines."

A pastor's daughter who grew up in communist East Germany, Ms Merkel is popular among Germans, who see her as a straight-shooter and a safe pair of hands in a crisis.

But her decision to let in more than one million asylum seekers over the last two years dented her support. It also revived the fortunes of the rightwing populist Alternative for Germany party (AfD), which has harnessed widespread anxiety about migration.

Nevertheless, observers said the recent seismic shifts in global politics were likely to drive traditionally risk-averse German voters back into her arms.

AFP