

The question is whether “Friedrich Merz out as Chancellor of Germany before 2027?” occurs by the stated deadline and under the published conditions.
A Yes outcome requires the stated conditions to be met; No covers the alternative.
The qualifying event, evidence source, cutoff time, and any exceptions are documented in the Resolution Rules below.
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Feb 22, 2026 · 6:25pm GMT+3
Jan 1, 2027 · 7:59am GMT+3
Jan 1, 2027 · 8:29am GMT+3
This market will resolve to “Yes” if Friedrich Merz ceases to be the Chancellor of Germany for any period of time by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.
An announcement of Friedrich Merz's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect.
The resolution source for this market will be the government of Germany, however a consensus of credible reporting will also suffice.