Scholz’s SPD Suffers Record Rout in Germany’s EU Vote

News Snapshot:

(Bloomberg) -- German Chancellor Olaf Scholz’s Social Democrats crashed to their worst-ever result in European Parliament elections Sunday, falling to third place behind the far-right Alternative for Germany. The conservative CDU/CSU alliance was on course for a comfortable win with 30%, with the AfD second at 16.2% and the SPD with 14%, according to projections from public broadcaster ARD. The other two parties in Scholz’s ruling alliance — the Greens and the Free Democrats — also fared badly, getting 12% and 4.9% respectively. The poll out of Germany is among the first results from the election, which started Thursday and...