Germany

European economy 4th September 2021

Germany At The End Of The Merkel Era: The Next Coalition To Inherit An Economy Not Fully Recovered

Bruno Cavalier (ODDO BHF) | In a few weeks’ time, Angela Merkel will cease to be Chancellor, a position she has held since 2005. Polls show that the three main contenders to succeed her are tied. Despite Germany’s good performance in the first Covid-19 wave, successive waves of contagions brought new restrictions in early 2021, delaying the recovery. Also, Germany clearly suffers from its overexposure to the automotive industry, which is 25 points below normal.

European politics 1st September 2021

Laschet Is Dragging Germany’s Christian Democrats Down

Nick Ottens (Atlantic Sentinel) | It’s too soon to tell you I told you so. The German election is still a month away. But it is starting to look like the ruling Christian Democrats made a mistake nominating Armin Laschet, the prime minister of North Rhine-Westphalia, for the chancellorship. Laschet would succeed Angela Merkel, who is not seeking a fifth term after sixteen years in power. I argued in December…

Interviews 19th April 2021

“The Rapid Recuperation In World Trade Has Already Enabled Industry to Almost Completely Recover”

Lidia Conde (Francfort) | Christoph Schmidt, chairman of the Franco-German economic think tank for the past year – when he stepped down as chairman of the council of wise men advising the Berlin government – makes no secret of his concerns: “Both the European Green Deal and the Next Generation EU nourish the hope that Europe will emerge stronger from this crisis in the end. But between the EU’s ambitious plans and the final success, the final results, there is a long way to go. And on that road, member states will have to undertake the structural reforms that will increase their long-term growth potential and show their readiness to return to compliance with the stability and growth pact, with the debt rules”.

Cities are leading refugee integration efforts

European politics 10th April 2021

Germany’s Refugees Face a Future Without Angela Merkel

K iran Bowry | In 2015, the European refugee crisis awoke Germans from a long and comforting slumber that Angela Merkel had lulled them into with her political style. The term “asymmetric demobilization” came to be known as a way of describing the German chancellor’s shrewd strategy of sitting on the fence and thereby winning elections. Merkel weakened her political competitors by avoiding controversial issues and, in doing so, choking off debate. Simultaneously, she adopted popular policy stances of her opponents and demobilized their potential voters.

European politics 16th March 2021

Germany’s Handling Of The Pandemic: A Model Of Incompetence?

Hans-George Betz (Via Fair Observer) | There is an unwritten rule in politics: If you are incompetent, at least you should not be corrupt. It seems nobody ever informed the German Christian Democrats that this was the way of things. How else to explain why Christian Democratic MPs thought it was perfectly fine to take advantage of Germany’s COVID-19 crisis to line their own pockets? In German, we have a word, “Raffzahn,” to refer to somebody who cannot get enough, never satisfied with what they have. In the concrete case, a member of the German Bundestag from the Christian Democratic Union (CDU) pocketed €250,000 ($298,000) in commissions for brokering a deal involving the procurement of FFP2 face masks by the federal and the state governments.

European politics 19th January 2021

Angela Merkel, A Chancellor Difficult To Replace

Lidia Conde | Over the weekend in Germany, the CDU elected Angela Merkel’s replacement as head of the party. They bet on continuity with the election of the moderate Armin Laschet. For the first time in Germany’s history, the person who occupies the chancellor’s office is leaving voluntarily. And she does so with the respect and recognition of her opponents and successors, both in the CDU and in the government.

European economy 4th December 2020

ifo Institute: Coronavirus Crisis Threatens Survival of 15 Percent of German Companies

The coronavirus crisis threatens the survival of 15 percent of German companies, according to their responses to the ifo Business Survey for November. “That’s an improvement over June, when the figure was 21 percent,” says Klaus Wohlrabe, Head of Surveys at ifo. “Nevertheless, 86 percent of travel agencies and tour operators currently feel threatened, as do 76 percent of hotels and 62 percent of restaurants.”

Trade war can have collateral damage in Europe

European politics 3rd November 2020

Why Many Germans Hope Trump Will Lose

Tilman Pradt (Atlantic Sentinel) | Donald Trump bashing Germany is hardly surprising. It has been a constant of his presidency. The once-special partnership between Germany and the United States, which already lost some of its luster in the decades after the Cold War, sunk to a post-World War II low during his administration. Nor is Trump mistaken. Most Germans want to see him gone — with reason.

Ibex, Markets, Spanish economy 3rd November 2020

Telefonica And Allianz Create A Partnership To Deploy Fibre In Germany Through An Open Wholesale Company

Telefónica and Allianz have reached an agreement for the creation of a joint venture to deploy Fibre-to-the-Home (FTTH) in Germany.Both companies will each hold 50% under a co-control governance model. It will be an independent open-access wholesale operator focused on deploying fibre in rural and semi-rural areas of Germany to tap the potential of Europe’s largest broadband market.

Telefónica to reduce its reliance on Huawei

Ibex, Markets, Spanish economy 14th October 2020

Telefonica Is Creating A Subsidiary To Invest In Fiber In Germany

Banco Sabadell | Telefónica is in the final stages of negotiating an agreement to set up an independent company, which would be responsible for the deployment of a fiber optic network in Germany. The investment in the project is about 5 billion euros. Telefonica would structure the project through its subsidiary Telefonica Infra, which plans to sign an accord with an infrastructure fund and a group of financing banks around the end of October.

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