07.11.2024. | Articles | Economics

German politics: END OF THE TRAFFIC LIGHT COALITION: TIME FOR A POLITICAL RESTART

The German government has collapsed. Chancellor Scholz wants to call a vote of confidence in January to enable new elections in March if necessary. In view of the fragmented party landscape, it will be difficult to form a new government after the new elections. At first glance, the government has failed due to differing views on the debt brake. In fact, differences in content in almost all relevant policy areas were the decisive factor.