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Old 17.02.2012, 12:25
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German President Christian Wulff has announced his resignation

German President Christian Wulff resigned in disgrace on Friday, finally bowing to pressure and a lack of trust on the back of months of revelations about blurred between personal, business and political advantage.

In a statement made in Berlin at 11 a.m. today, Wulff said he could no longer carry out the duties of the president within the country, or abroad as he had clearly lost the full trust of the people of the country. An ally of Chancellor Angela Merkel, Mr Wulff is embroiled in a scandal over a home loan that he accepted when he was premier of Lower Saxony.

Mrs Merkel cancelled a visit to Italy on Friday to deal with the crisis, and she will give a statement shortly.

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