Germany is preparing for its fifth grand coalition government since 1966 amidst serious geopolitical and economic challenges, including significant stagnation and a rising far-right threat. The Alternative fur Deutschland (AfD) party has grown popular, reflecting deep-seated public concerns. As the global landscape shifts, particularly with influences from figures like Donald Trump, Chancellor-elect Friedrich Merz has pushed for historic amendments to Germany's Basic Law, allowing extensive public investments in sectors like defense and infrastructure. This transition signifies a departure from the country's traditionally conservative fiscal policy, aiming to enhance Germany’s role in European security.
The first grand coalition in Germany's postwar history emerged in 1966, addressing economic downturn and neo-Nazi concerns, but today the challenges are more severe.
With the German economy facing stagnation since World War II, the rise of the AfD reflects a growing threat to democracy, marking a critical political juncture.
Chancellor-elect Friedrich Merz's push to adjust the Basic Law for public investment marks a significant shift in German fiscal policy and international security.
The so-called debt brake, once an emblem of Germany’s fiscal conservatism, is being sidelined to accommodate increased public investment in key sectors.
Collection
[
|
...
]