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Politicians, economists and CEOs react to the result

February 19, 2025, Berlin: Visitors go in front of the German flag in the dome of the Bundestag.

Image Allianz | Image Allianz | Getty pictures

When a new chapter in German politics begins after the national elections at the weekend, there is a pronounced feeling of Déjà VU in Berlin, as a center-right alliance is preparing to take over the reins again in Berlin.

The conservative alliance, which was put together by the Christian Democratic Union (CDU) and her sister party The Christian Social Union (CSU), won 28.6% of the votes in the ballot on Sunday, followed by the right -wing extremist alternative for Germany (AfD) Second place with 20.8 % and the Social Democratic Party of the Middle-left party (SPD) with 16.4 % of the votes according to preliminary results of the federal returnee.

The results that are to be confirmed on Monday mean that the CDU-CSU-Friedrich Merz will probably be the next Chancellor in Germany who will take over from the SPD's Olaf Scholz after his three-party coalition collapsed at the end of last year.

The CDU-CSU is not a stranger to power who led several “Grand Coalitions” in Germany in Germany in the last century. It is now expected that it is a new “old” coalition, with the center-left-left SPD being the most likely partner of the Alliance, although the Greens have not been excluded from the partnership with the union.

However, known challenges remain for the new leadership of Germany with a difficult economy and the need to increase domestic expenses from which a large part depends on the fact that German legislators are able to reform a restrictive debt limit rule that is known as “debt brake” Is a formation of an immediate and urgent concern.

Then there is the difficult relationship between Germany to the world, namely, since US President Donald Trump threatens trade tariffs that will further violate Germany's fate.

Germans and US politicians, economists and business leaders are no doubt about the hurdles with which a new government is exposed to, but the prospect of a new administration Hope has ignited that there will be changes For the fighting economy.

Here is a selection of the immediate reaction to the German election result:

Probably the next Chancellor Friedrich Merz:

Defeated SPD leader Olaf Scholz:

“It is a bitter election result for the Social Democratic Party. It is also an election defeat, [and] I think that has to be said right from the start if you are a result as this, ”Scholz said on Sunday evening of the party after the SPD's drubbing in the ballot.

“This time the election result is bad and therefore I also have the responsibility for this election result,” he added.

Carsten Brzeski, Global Head of Macro, research:

“It will be complicated,” said Brzeski on Monday in Berlin in Berlin.

“We only have an option and this is another grand coalition. The problem will be that the SPD is extremely injured – the worst result ever – so you will be in a kind of existential crisis.”

“We will receive some cyclical support, we will receive some tax cuts, we will probably also receive some investment programs. But the large elephant in the room remains changes to the debt brake? And I think in the current constellation of the next parliament will not be possible “He warned.

Siemens Energy Chairman Joe Kaeser:

The chairman of Siemens Energy, Joe Kaeser, told CNBC that the new German government will be exposed to “a fairly tough fight” and that a long -term agenda would need to restructure Germany over the next five years.

“It is a restructuring case, we have to be honest in this case,” he told Julianna Tatelbaum from CNBC on Monday.

Kaeser said that an “Agenda 2030” should have five key areas that concentrate on the economy, infrastructure and energy, education and innovation, restructure the pension system and finally restructure “the control of the government and the government reforms”.

“The people in Germany are wondering, our country is safe? And they wonder whether government and institution have everything under control. That was one of the main reasons why so many people looked at this AfD because they wonder if ours Government, our country, our country, still has control.

Arnd Franz, CEO of the car parts maker Mahle:

“From our point of view, it is really time to act, and after yesterday's choice we wish that the new German government quickly assembled and then determined, immediate action and also a long, clear, long -term vision and a roadmap to bring them Europe's economy really on the way again, “he told Carolin Roth from CNBC on Monday.

The Germany's processing business requires

“I think the automotive industry is of course a top problem.”

US President Donald Trump:

“Looks as if the conservative party in Germany had won the very large and excited election. Similar to the United States has prevailed for so many years.

“This is a great day for Germany,” he added.

John Emerson, former US ambassador in Germany:

“I think it's very good news for Germany. I am actually quite close to Friedrich Merz,” said Emerson, former US ambassador in Germany, to CNBC on Monday and reacted to Friedrich Merz on Sunday evening that it was “absolute priority “Was to” strengthen “Europe as soon as possible so that we can reach real independence from the United States step by step. “

“I think he is serious where he spoke [Sunday night]Indeed, to explain independence from the United States and I think [U.S. Vice President] JD Vance and Donald Trump cannot complain, “Emerson told CNBC to Steve Sedgwick.

Merz will aggressively pursue economic relationships between the United States and Germany, says the former ambassador

“Merz is a free trade … So when I hear him talk about independence, I hear the so much more as' we have to come to a point where we can stand alone, that we can defend Europe and do more in relation The expenditure and the structure of military skills.

Alicia Garcia Herrero, economist at Think-Tank Bruegel:

“What happens to the United States is extremely important for Germany, a tariff, or in terms of trade, for Germany,” said Herrero, a senior scholarship holder at Economic Think-Tank Bruegel. “I think Europe wakes up and Merz is the best example of this,” she told CNBC on Monday.

“She [European leaders] recognize that they have to come together. And that is the silver strip that could make Europe stronger that Germany could make Germany stronger, which in exceptional cases could really force Germany to think of a military proposal at the EU level, which would mean that Germany would have to leave debt. “