Articles
25 February 2025 

Carsten: No economic miracle for Germany’s ailing economy

From defence to infrastructure spending to reviving Europe's economic powerhouse, the challenges facing the likely new German Chancellor, Friedrich Merz, are huge. And he says he won't work with the right-wing AfD party, which came second in this weekend's elections. That will make forming a coalition government particularly difficult

The massive challenges now facing Germany

Expect slow, soft, and gradual economic change in Germany, not least because the likely new Chancellor, Friedrich Merz, needs to form a governing coalition. That's according to ING's Carsten Brzeski, who's expecting tax cuts and renewed investment in the coming years. But we're unlikely to get the 'Wirtschaftswunder' - the economic miracle - seen after the Second World War.

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