German elections: Don’t say ‘boring’
The upcoming election might be a small step for Germany but could be a giant leap - or setback - for the Eurozone
Executive summary
The German election campaign should currently be at its peak. We say 'should'.
The reality is a rather unexciting campaign, characterised by Chancellor Angela Merkel’s high popularity and the inability of all the other parties to initiate a particularly stimulating debate. It would almost need a political miracle to prevent a fourth term in office for Merkel.
However, what looks like a minor event for Germany could turn out to be a major event for the future of the Eurozone,
In this report, Carsten Brzeski, ING's Chief Economist for Germany, looks at what's now at stake. Why is the economy not a major factor in the poll? What are those polls now saying? And why is it that the race for the bronze medal counts?
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