An election win for Germany's conservatives has eased concerns of political gridlock in Europe's biggest economy, but failed to lift uncertainty around whether a new government can deliver fiscal reforms seen as vital to boosting sluggish growth.

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 voters cast their ballots in Sunday’s election , with opposition leader Friedrich Merz claiming victory and Chancellor Olaf Scholz conceding defeat. Alternative for Germany, or AfD, is heading for the strongest showing for a far-right party since World War II.