External broker reports(aggregated public sources), ABN AMRO

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External broker reports(aggregated public sources)

Macroeconomics

<ul><li>German snap elections an opportunity for step-change in fiscal policy, but political divisions will be hard to overcome</li><li>The Scholz government is on its last legs. Following the dramatic firing of the finance minister last night, the coalition government is on the cusp of a no confidence vote which looks set to lead to a snap federal election in early 2025.</li><li>The key bone of contention in the coalition was the approach to budgetary discipline amid what has become a slow-burning crisis in German industry, with the SPD in favour of a suspension of fiscal rules to deal with the crisis, with coalition partner FDP firmly opposed. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

German snap elections an opportunity for step-change in fiscal policy, but political divisions will be hard to overcomeThe Scholz government is on its last legs. Following the dramatic firing of the finance minister last night, the coalition government is on the cusp of a no confidence vote which looks set to lead to a snap federal election in early 2025.The key bone of contention in the coalition was the approach to budgetary discipline amid what has become a slow-burning crisis in German industry, with the SPD in favour of a suspension of fiscal rules to deal with the crisis, with coalition partner FDP firmly opposed. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Germany - Traffic light coalition turns red