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Analysis of prospects for the German Federal Elections on September 26, 2021.
Germany is about to dumped the CDU/CSU coalition that has ruled it for 50 yrs. The new government is likely to include the SDP and the Greens. That will change many things: fiscal policy will expand as will green and infrastructure spending. Electric vehicle adoption will accelerate. So will the achievement of zero Green House Gas emissions. But Germany is also key to what happens in Europe. The next government will be pro EU integration. It will add credibility and backing to the EU Next Generation (NGEU) initiative- critical to the reform of southern EU members. It will consolidate EU integration by facilitating North- South fiscal transfers. And it will create a European Common Bond Market that could enhance international use of the Euro as a store of wealth.
Analysis of prospects for the German Federal Elections on September 26, 2021.
Germany is about to dumped the CDU/CSU coalition that has ruled it for 50 yrs. The new government is likely to include the SDP and the Greens. That will change many things: fiscal policy will expand as will green and infrastructure spending. Electric vehicle adoption will accelerate. So will the achievement of zero Green House Gas emissions. But Germany is also key to what happens in Europe. The next government will be pro EU integration. It will add credibility and backing to the EU Next Generation (NGEU) initiative- critical to the reform of southern EU members. It will consolidate EU integration by facilitating North- South fiscal transfers. And it will create a European Common Bond Market that could enhance international use of the Euro as a store of wealth.