Germany's president resigns after string of scandals

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BERLIN - Germany's president resigned Friday after a string of scandals, handing Chancellor Angela Merkel a political headache at home as she battles to lead Europe from its debt crisis.

"I am ... today stepping down from the office of federal president to free up the way quickly for a successor," Christian Wulff said in a dramatic three-and-a-half-minute televised statement from his Bellevue palace.