Germany's AfD, Left Party Can Jointly Block Changes to Constitution
The far-right Alternative for Germany (AfD) and Germany's Left party between them garnered the one third of seats in parliament needed to block changes to the constitution, including a loosening of the debt brake which restricts deficits to 0.
Conservatives lead in German elections, far-right AfD comes in second
German opposition leader Friedrich Merz declared victory after his Christian Democrats won nearly 29% of the votes in the country’s federal election. Chancellor Olaf Scholz's Social Democratic Party faced a historic defeat with the lowest vote share for the center-left party since 1949.
Germany's outgoing parliament could still greenlight a new special fund to boost defence spending but reforming strict limits ...
The outcome of the German election “has not resulted in a clear path to the constitution being changed to allow for a step ...
Laura Pitel Well, the first thing to say is that Merz’s CDU has always been very fiscally hawkish, and their manifesto says that they are opposed to changing the debt brake in any way. That has ...
Friedrich Merz looks poised to form a coalition between his center-right alliance and the center-left Social Democrats, but ...
The market reaction to the German election outcome was relatively modest. 10y Bund yields tracked towards 2.5%, ...
An alliance between Friedrich Merz’s conservatives and the center-left SPD is the only viable path to form a new government ...
The next German government faces calls to loosen borrowing rules, slash energy costs and spur innovation. It won’t be easy.
Financial markets rose on the likelihood of a two-party coalition between the CDU/CSU and the SPD, with Germany's benchmark ...
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