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News Story Source: https://www.zerohedge.com, By Tyler Durden
Voters in Germany's economically dominant southern state of Bavaria delivered a stunning rebuke to the ruling Christian Social Union, in an election that delivered another crushing blow for the parties in Angela Merkel's grand coalition in Berlin.
With all eyes on Sunday's Bavaria election, moments ago the first exit polls showed a historic collapse for the ruling CSU party, which has ruled Bavaria continuously since 1957, and which saw its share of the vote collapse from 47.7% in the 2013 election to just 35.5%, losing its absolute majority and suffering its worst result since 1950, as voters defected in their droves to the Greens and the far-right Alternative for Germany.
German newspaper Welt called the election "the most painful election defeat of the past 50 years for the CSU". As predicted in the polls, the CSU experienced a "historic debacle" in the Bavarian state elections, according to Welt. The CSU was followed by the Greens which so
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