Are German Elections as Straight Forward as Many Think?

For many the German elections are a done deal. Chancellor Angela Merkel will win and Germany will once again be the anchor of stability for another four years.But, the devil is in the detail.She will need a coalition partner or two and all alternatives don’t look like a walk in the park. Many observers suggest that it could take as long as 100 days to form a government.Merkel officially has no favorite although her CDU (Christian Democratic Union) party has had a long tradition of getting together with the FDP (Free Democratic Party). According to current polls both parties would have enough votes to form a coalition government.

Source: Why the German election has room for a negative surprise – CNBC

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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.