- The 30Aug state elections in three small German states resulted in sharp losses for chancellor Angela Merkel’s governing CDU and gains for the Left party.
- Although the three states combined account for only 10% of the German population, the vote had a signalling effect, undermining Merkel’s low profile campaign strategy and casting doubts on her chances of governing with the FDP after the general elections.
- Still, on balance the chances of a centre right coalition after the federal elections have increased.
Please see attached 3 page update as part of our series of election primers.
Dr Michael Clauss: Germany Politics / Economy / Equities Sectoral Analysis
Tel: +49 89 64254046
michael.clauss@eurozoneadvisors.com
Discussion Partners
John Arrowsmith: ECB / Regulatory
Tel: +44 7720 59 1726
john.arrowsmith@eurozoneadvisors.com
Dr Michael Clauss: Germany Politics / Economy / Equities Sectoral Analysis
Tel: +49 89 64254046
michael.clauss@eurozoneadvisors.com
Jacques Lafitte: France Politics / Brussels
Tel: +32 473 934 664
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