German Chancellor Angela Merkel Named 'Person of the Year' by Time

Time Magazine named German chancellor Angela Merkel its Person of the Year for 2015 on Wednesday, revealing her image on the cover of its upcoming issue next to the title "Chancellor of the Free World."

Merkel, 61, is the first woman to receive the honor by herself in two decades. The magazine cited her leadership in the refugee crisis, and for helping keep the Euro afloat.

Merkel topped a short list of finalists that included U.S. Republican presidential candidate Donald Trump, who came in third, and Islamic State leader Abu Bakr al-Baghdadi, who was runner-up.

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