Europe’s political stability is at greater risk than at any time since second world war

When Angela Merkel first came into office in 2005, George W Bush was in the White House, Tony Blair was British prime minister, and the Elysée Palace was occupied by Jacques Chirac.

The German chancellor’s announcement on Monday that she would not seek re-election as head of her ruling centre-right CDU party and that her fourth term as chancellor would be her last, heralds the end of an era in which she has dominated German and European politics.

Related: Angela Merkel’s successor could be bad news for a post-Brexit Europe | Alan Posener

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