Germany is set to elect a new government on February 23, drawing international attention due to its potential implications for European politics. The upcoming election has sparked concerns about the role of far-right parties in the country’s governance.
One significant issue at stake is the possible inclusion of the Alternative für Deutschland (AfD) party in the government for the first time since World War II. This development could have far-reaching consequences, both domestically and internationally.
Another key aspect is the potential removal of the “debt brake,” a constitutional measure introduced after the 2008 Global Financial Crisis that restricts the government’s ability to raise its deficit. The AfD has long advocated for lifting this restriction, which could significantly impact Germany’s economic policies and its relationship with the EU.
Germany’s status as an arch-exporter also makes it vulnerable to trade wars, which could have devastating effects on the country’s economy. As a major trading nation, Germany is heavily reliant on international trade, making it essential to monitor any developments that may impact its global relationships.
The outcome of Germany’s new government will be closely watched by European policymakers and economists, who are eager to understand how the country will navigate these complex challenges in the years to come.
Source: https://www.bloomberg.com/opinion/articles/2025-02-12/no-good-alternatives-in-germany-s-elections