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Strong economy means calm election for Germany – economy
The German election comes as growth has returned to Europe’s biggest economy and the DAX stock…
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http://www.euronews.com/2013/09/20/strong-economy-means-calm-election-for-germany
The German election comes as growth has returned to Europe’s biggest economy and the DAX stock market index just hit an all time high.
Germany has rebounded to full economic strength after a fall at the end of last year with recession being narrowly avoided early this year.
Consumers are upbeat, exports and the labour market strong and inflation is largely under control.
David Kohl, Chief Economist for Germany with the Swiss bank Julius Baer said: “Demand for German goods – in particular from developing nations – has been high and this is totally unrelated to German politics, it’s a traditional manufacturing base here. This profited enormously in the past few years.”
German business sentiment was at its highest level in 16 months in August and people say they are now less worried about losing their jobs.
In the five years since the global financial crisis erupted, the number of long-term unemployed in the country has fallen by 40 percent, and there is now a shortage of skilled labour.
Investors are betting there will not be a political upset. The only thing that would spook them is a really strong showing by the left:
Oliver Roth, Head Trader at Close Brothers Seydler in Frankfurt explained: “The markets are pretty much focused on stability and security and that would be guaranteed by a reelection of Angela Merkel. If the socialists have a chance to get into the government, that would be a negative scenario.”
The financial markets will be relieved to have Germany emerge from months of political vacuum when many eurozone problems have been on hold as Merkel avoided backing anything that might have upset voters.
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Another Europe News
Russian overnight barrage on Ukraine kills at least 17 in Kyiv and surrounding region
Russian overnight barrage on Ukraine kills at least 17 in Kyiv and surrounding region
Kyiv has in recent months urged allies to supply more US-made Patriot interceptors as Russia steps up its use of ballistic missiles more than four years into its full-scale invasion.
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Inside the Italian prison where inmates find freedom through theatre
At Italyโs Volterra prison, inmates work alongside professional theatre-makers as part of the long-running Compagnia della Fortezza project.
READ MORE : http://www.euronews.com/2026/08/10/inside-the-italian-prison-where-inmates-find-freedom-through-theatre
Spark your senses, wake your wonder. Euronews Culture seeks to show creativity in action and inspire our audience to explore the world through the five senses. Start your journey through the best of Europe’s arts, gastronomy, traditions and high-end craftsmanship.
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Europe heatwave puts all major Italian cities on red alert as Austria sets heat record
Europe heatwave puts all major Italian cities on red alert as Austria sets heat record
The current heatwave has exposed vulnerabilities in public health systems, power generation, transportation networks and tourism infrastructure, forcing governments to adapt to more frequent periods of extreme weather.
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Latest news bulletin | August 8th, 2026 โ Morning
Catch up with the most important stories from around Europe and beyond this August 8th, 2026 – latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel.
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US Senate approves sweeping Russia sanctions bill targeting energy income
The package would impose sanctions on Russian officials, oligarchs, financial institutions and the so-called shadow fleet used to evade restrictions on Moscow’s oil exports. It would also allow President Donald Trump to set tariffs of up to 500% on Russian imports, including gas and oil.
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