Trump hailed the result as a "GREAT DAY FOR GERMANY," while the far-right AfD party that Elon Musk has championed made historic gains.

German far-right leader Alice Weidel said she missed a congratulatory call from tech billionaire Elon Musk after Sunday's election, after a campaign in which Musk threw his weight behind Weidel's Alternative for Germany (AfD).

Elon Musk endorsed AfD, an anti-immigration party that just won the most support of any far-right party since World War II.

The leader of the far-right Alternative for Germany (AfD), the second largest party in parliament after Sunday's election, said Germany's likely next chancellor would be held hostage by left-wing parties that would seek to loosen tough fiscal rules.

The success of the Alternative for Germany, or AfD, is a sign of the times. Across Europe, far-right parties once on the fringe have gone mainstream.

Germany's conservatives won the national election on Sunday, while the far-right Alternative for Germany came in second, its best ever result.

Germany faces its second change of leader in less than four years after the head of the center-right opposition won Sunday’s election.

German stocks rallied on Monday and the euro reached a one-month high after Germany’s election result put centrist parties on track to form a coalition. European shares more broadly held steady, while Wall Street futures rose after a U.

As a new chapter in German politics begins on Monday following the federal election at the weekend, there's a distinct feeling of déjà vu in Berlin.

Germany’s businesses have been frustrated by government inaction on the stagnating economy. Sunday’s national election raises hopes of a stable two-party coalition of conservatives and center-left Social Democrats,

Germany's conservative CDU/CSU bloc won most votes in Sunday's national election and could form a government with the Social Democrats (SPD), allaying market fears that Europe's top economy can only be ruled by another three-way coalition.