A three-party “Jamaica” coalition in Germany may not be so bad for Europe as observers fear. The real benefit for Europe would be German domestic policy. After four years of stasis under the grand coalition, the “Jamaica” parties could transform the German economy
Japan’s Prime Minister, Shinzo Abe, called a snap election on Monday, cashing in on the increase in popular support for his hard line against North Korea’s ballistic missile programme.
Angela Merkel’s victory in Sunday’s general election in Germany was insufficient and fairly negative for the rest of Europe. For one thing, the Macron Plan, to create fiscal unity, has automatically been pushed back for at least four years.
Despite the elements of surprise in yesterday’s general elections in Germany, most analysts and economists believe the overall impact on the financial markets will be limited in the short and medium-term. But with the status quo of the Grand Coalition no longer available, there will now be a period of uncertainty.
There has been something of a political roller-coaster in Europe over the past months, and it appears already that no-one is giving much importance to the upcoming federal elections in Germany. But there are various issues and questions making this election especially important for Germany and the EU.
The elections in Germany are just 3 days away now and all the coalition possibilities are still on the cards. That said, the most likely seem to be Angela Merkel’s CDU&SPD, like now, and CDU&FDF&Greens.
Nick Ottens via Atlantic Sentinel | Germans are more centrist and optimistic than most Europeans. The French and the Spanish have yet to feel the economic recovery and are more inclined to vote for parties on the far left and the far right. The Italians are even more pessimistic, yet they remain wary of extremes.
Nick Ottens via Atlantic Sentinel |It is impossible to appeal to progressive middle-class and nativist working-class voters at the same time. Social democrats across Europe are caught in the middle of a culture war. Ahead of next month’s elections, Germany’s Social Democrats have to pick a side.
Nick Ottens via Atlantic Sentinel |German chancellor Angela Merkel could renew her alliance with the center-left or switch to a pact with either the liberals or Greens.
The damping of the refugee crisis and the strength of the economy have weakened German voters’ desire for a radical change. If Angela Merkel is re-elected as chancellor, the financial markets are likely to function normally.