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Germany on Course for Three-Way Coalition, Led by Scholz

Sep.26 -- Olaf Scholz of the Social Democrats claimed a mandate to lead Germany's next government in an unprecedentedly tight election to decide who will lead Europe’s biggest economy. Scholz’s SPD is set to win 25.6% of the votes, according to a projection by ZDF on Sunday, while the Christian Democrats under Armin Laschet are set for 24.4%. The fragmented political landscape means three parties would be needed to secure a majority in the German parliament for the first time in decades. Chad Thomas reports on Bloomberg Television.

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