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The general election in Germany, the largest country in the EU, will take place on 26 September. It marks a watershed both in German and European politics: The Merkel era is about to come to an end. With 16 years in office, Angela Merkel has been the second-longest serving Chancellor in the history of the Federal Republic after Helmut Kohl. Inevitably, such a caesura creates uncertainty about the future course of German policies.
In the last 70 years, Germany has stood for a remarkable political stability: There have only been eight Chancellors from two parties; five from the CDU/CSU and three from the SPD. However, according to recent opinion polls, the political landscape today seems to have become more complicated.
It is likely that the next German government will be formed by parties which have not worked together at federal level before. Furthermore, the probability of a three-party coalition has become high. This could have far-reaching implications for policy items such as the German debt brake, the European Stability and Growth Pact, as well as future economic and foreign relations, for instance with regard to China and Russia.
In this hybrid seminar, Dr. Andreas Rees, Chief German Economist at UniCredit Bank AG, will explore different scenarios for the outcome of the election and their potential impact on the German economy in the years ahead.
Remarks:
Registration Deadline: Tuesday, 21 September 2021
Booking priority to GCC members on a first-come, first-served basis.
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