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BNPParibas: The result of the German election reveals a clear winner: the CDU/CSU

Morten W. Langer

mandag 03. marts 2025 kl. 10:30

BNP paribas

“Only five parties were able to enter parliament, thereby reducing the fragmentation of the Bundestag. A grand coalition with the SPD is possible. Negotiations should begin soon to establish a common roadmap. When they come to an end, changes are to be expected: a German government that takes more initiative in European affairs, more public investment, increased defence spending and, as a result, a German budget deficit and public debt that could increase. The return of the grand coalition. The CDU/CSU won the election with 28.5% of the vote, a result slightly below the polls. However, the limited number of parties that have crossed the 5% threshold allows for the formation of a majority grand coalition with the SPD. Although the AfD, which achieved an historical score of 20.8%, is now the second largest political force, Friedrich Merz has ruled out an alliance with this party. An alliance with the SPD is therefore the most likely scenario.”

Læs hele analysen her.

Morten W. Langer

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