What Are the Possible Outcomes From the German Election?

Germany’s election on Sept. 24, the biggest of this year’s series of votes in Europe, isn’t just about who wins the chancellorship. At least as important is which combination of parties is able to form the next government after the results are in. With no party having won an outright majority since 1957, Germany has a long tradition of coalition governments, which require the parties involved to mesh conflicting positions and agree on a policy platform. This year may be even more complicated because the number of parties in parliament looks likely to increase from four to six.Here are the regularly updating party standings according to the Bloomberg composite of German elections polls, which uses a rolling average of six major German likely-voter surveys.

Source: A Guide to Germany’s Possible Coalitions

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Craig Erlam

Craig Erlam

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary.

His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News.

Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.