Friday, 8 November 2024

A New Political Era for Europe: Germany falters

The announcement that the German coalition headed by SPD has collapsed leaves in power a government headed by a political party that in three recent state elections failed dramatically to capture the public imagination. In three consecutive elections, Grüne barely managed to get 7 representatives out of 88, 119 and 88. This is how bad things are and they are bound to get worse. Support for the war in Ukraine has banrupted Germany and attempts to increase borrowing led to a political showdown leading to the end of coalition that was unsustainable from the very begining.

FDP and Grüne are exact opposites in various ways and such agreement was bound to end in tears. Can a Federal Election clear the air? Such election would take place in March 2025 and not in September 2025. Germany has been leading and financing the European Union. Changes in German politics are bound to have a significant effect in terms of German leadership and of the survival of the European Union. Talks about increasing defence expenditure are bound to go anywhere as Germany tries to sanitanize its own finances. Job losses already announced are not going to make the present coalition popular amongst voters.

Who could be the real winners in March 2024? There could be three potential winners: CDU, a new political party that had success in recent state elections and Alternative für Deutschland. The one party that has a real project for Germany is Alternative für Deutschland, a project that takes care of Germany´s energy needs and of migration - a subject that is a major concern in many European countries, including Germany. 

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