Political risks easing could support the European economy
by David McNamara, Chief Economist
 
 

The federal elections in Germany, as expected, yielded a victor in the centre-right CDU/CSU, with Friedrich Merz expected to be the next Chancellor. However, his party just failed to reach the 30% level pre-election polls suggested, while far-right and left parties made strong gains. The incumbent SPD fell to its worst result in decades, but may yet end up in Government as the junior partner in a grand coalition...


 
 
 
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