This post is updated as new material is published (latest ones at the top of the post)
Opinion polls – Wikipedia
German federal
election, 2013 – Wikipedia
Merkel’s anti-mandate – Reuters
The main parties deliberately avoided committing themselves to clear
policies during the campaign, so now the coalition negotiations will have to
agree on the big issues. This could take some time. It took over 60 days for
the grand coalition in 2005 and 25 days for the coalition with the liberals in
2009.
Merkel’s triumph
creates coalition puzzle – Nordea
(pdf)
“Merkel’s law” seems to be that her junior partner suffers a lot – ask
SPD and FDP. Nevertherless, we expect the Social Democrats to enter a Grand
Coalition again (summary).
Merkel’s Victory Is
Stunning and Depressing – View
/ BB
There will be no sudden change in her policy on the euro crisis, and you
have to hope that she holds onto the finance ministry in her next coalition
government. Given that I think Merkel’s euro crisis policies are misguided and
involve far more risk to Europe and the German taxpayer than they have been led
to believe, that may seem counterintuitive.
Merkel Killer Embrace
Leaves SPD Wary of Coalition Talks – BB
At the end of Angela Merkel’s first term, her Social Democratic
coalition partner recorded its worst election result since World War II… The SPD, the second-place finishers in the Sept. 22
vote, may be reluctant to try again
The main drama of the last weeks was the slump of the small Free
Democratic Party, which had been part of the governing coalition…The other
drama -- which provided the cliffhanger -- was the rise of the anti-euro
Alternative for Germany,
As focus shifts to
German coalition negotiations, who are the key players to watch? – Open
Europe
Germany: More indispensable than ever – Presseurop
Germany: More indispensable than ever – Presseurop
Germany's economy relies on
the free trade zone and on exports, which the rest of Europe can buy only if it
can afford to do so. Thus any government in Berlin will continue to aid
countries afflicted by the European crisis -- even at the risk of growing
domestic opposition.
[Analysis] Why did
Germans vote for Merkel, again? – euobserver
Germans prefer 'Mutti' Merkel because they trust she can protect their
prosperity. But the flipside of this fear of losing money is the rise of an
anti-euro party, set to enter the European Parliament next year.
After Chancellor
Merkel’s expected victory in the federal elections, Germany will continue to drive the regional economy,
but slower growth will go hand in hand with rising income polarization. Nor is Germany any longer immune to the decline of the
Eurozone.
So Germany, What Now? – WSJ
Here’s what the analysts think of the likely permutations now
Pyrrhic victory for
Angela Merkel – DB
Research
Building a coalition will be tough as the CDU/CSU will be loath to give
concessions – but potential coalition partners who have a theoretical outside
option will demand high concessions. However, neither a minority government nor
new elections are realistic alternatives.
The top 10 'spiciest'
moments of the German elections – Open
Europe
‘Angela Merkel’s greatest triumph’ – Presseurop
Merkel may be the
Queen of Germany, but she's missing a Prince... – TradingFloor
Steen Jakobsen: The German election was a victory for Merkel, but
probably a loss for reforms both in Germany and in Europe. Merkel is in dire
need of a coalition partner, but the SPD is reluctant after the last venture
left a bitter taste. Can she find her prince?
The meaning of
Merkel’s victory – Marginal
Revolution
German voters very much like low inflation and no Eurobonds, or in other
words I call this the primacy of public choice and political economy over
macroeconomics.
‘The euro-chancellor’ – Presseurop
Merkel’s big win: the
view from Europe – Brussels
blog / FT
The differing views reflect increasingly polarising opinions towards Merkel across the eurozone.
The differing views reflect increasingly polarising opinions towards Merkel across the eurozone.
BizDaily: German
elections – BBC
(mp3)
The coalition which results from Angela Merkel's landslide victory will
shape the country's economic policy, with huge implications for the rest of Europe. Business Daily,
with Simon Jack, comes from Frankfurt, the financial heart
of Germany, where we talk to
Jens Ulbrich the Chief Economist of the Bundesbank and Stefan Schneider of
Deutche Bank about where Germany and, indeed Europe, goes from here.
Just five seats. That’s how far short of an outright majority incumbent
German Chancellor Angela Merkel is following elections yesterday. That now
leaves her searching for a coalition partner.
Bailed-Out Nations
Get Another Four Years of Merkel – BB
Any concessions now are likely to come on the margins: a little more
money for Greece here, a little less
austerity there, without altering her determination at most to drip-feed aid to
countries that embrace tight budgets, wage restraint and export-oriented
industry.
German ‘King Makers’
FDP Face Parliamentary Exile After 64 Years – BB
Merkel begins search
for new coalition ally – The
Telegraph
Angela Merkel is preparing to negotiate a new coalition for her third
term as German Chancellor after falling agonisingly short of an overall
majority in the Bundestag.
Merkel’s challenges – The
Telegraph
As she starts her third term, like Margaret Thatcher before her, Angela
Merkel has the future of Europe in her hands
Merkel Seen
Neglecting German Needs With Focus on Euro – BB
Angela Merkel’s third term, after her overwhelming election victory
yesterday, is likely to force a decision on where to spend political capital:
on Europe’s ills or Germany’s.
Merkel must reach out
to leftist rivals after poll triumph – Reuters
German Chancellor Angela Merkel faces the daunting prospect of
persuading her center-left rivals to keep her in power after her conservatives
notched up their best election result in more than two decades but fell short
of an absolute majority.
World From Berlin: Triumph Confirms 'Era of Merkelism' – Spiegel
Angela Merkel is at the zenith of her power. Her historic election win
on Sunday reflects how deeply Germans appreciate her no-nonsense, frugal
Hausfrau style of governing, say editorials. But she now needs to address
domestic reforms to secure her legacy.
Is the scene now set
for another grand coalition? The leadership of the SPD are putting the brakes
on speculation over a potential pairing with Merkel. Following its weak
performance, the party wants to avoid internal disputes over what would be an
unpopular alliance.
Merkel’s triumph
creates coalition puzzle – Nordea
(pdf)
It was a huge vote of confidence for Angela Merkel, so huge actually
that she lost her only strategic coalition partner. “Merkel’s law” seems to be
that her junior partner suffers a lot – ask SPD and FDP. Nevertherless, we
expect the Social Democrats to enter a Grand Coalition again…As to euro-crisis
management, the German approach will probably remain Merkel-style: cautious,
step-by-step, and pragmatic if needed.
German elections good
for Merkel, uncertain for the Euro – TradingFloor
John J Hardy: The Euro doesn’t know what to do with the German election
results which will not provide Merkel with a mandate to do anything besides
what she has been doing for the last four years: damage control.
Angie ascendant – MacroScope
/ Reuters
All the parties will hold press conferences today so next steps could
become clearer, although the first key meeting is probably an SPD convention on
Friday.
Merkel celebrates
'super result' in German vote – euobserver
German election – the
road to a grand coalition – The
World / FT
The most likely combination remains a so-called grand coalition between
the CDU/CSU and the SPD. This would be welcomed in the rest of the eurozone as
the SPD voted along with Ms Merkel in last parliament to enable bailouts when
some of her own party rebelled. It is also the option favoured by most German
voters, according to opinion polls. But the SPD will seek to attract a big price for cooperation, possibly
in the form of introducing the national minimum wage that they favour (which
will cause some economists to worry that Germany could lose its edge
in competitiveness). The SPD will also look closely at the fate of the FDP,
which joined Ms Merkel’s coalition in 2009 promising wholesale tax reform which
it then utterly failed to achieve, partially explaining their collapse on
Sunday.
A Merkel rout – alphaville
/ FT
As JP Morgan’s Alex White said, one “can hardly escape the fact that
Merkel’s coalition partners in her last two terms lost double digit
shares of the vote. ” Caution warranted.
German Vote Puts Merkel Tantalizingly Close to
a Majority – NYT
…could result in more
paralysis for Europe as German leaders engage in weeks of horse-trading to form
what is likely to be a grand coalition with Ms. Merkel’s main opponents on the
left, the Social Democrats, who did not perform as well as they had hoped Sunday
and who may prove reluctant partners for fear of losing further luster in a
government dominated by Ms. Merkel.
Merkel romps to victory but faces
tough coalition choices – Reuters
Angela Merkel won a
landslide personal victory in Germany's general election on Sunday, but her
conservatives appeared just short of the votes needed to rule on their own and
may have to convince leftist rivals to join a coalition government.
Angela Merkel celebrates after German election – BBC
Angela Merkel has
urged her party to celebrate "a super result" after exit polls
suggested she was set to win a third term as German chancellor.
Merkel Sees Biggest Victory Since Kohl’s
Reunification Vote – BB
Angela Merkel won an
overwhelming endorsement from German voters, putting the country’s first female
chancellor on course for the biggest election tally since Helmut Kohl’s
post-reunification victory of 1990.
Election Triumph: Merkel Victorious But Faces
Tough Talks – Spiegel
Chancellor Angela
Merkel won a resounding election victory on Sunday as her conservatives scored
their best result since reunification in 1990. It's a personal triumph for her,
but she still faces tough negotiations to form a stable government.
Germans Want a 'Mutti': The Secret of Merkel's
Success – Spiegel
When she took over the
Christian Democrats 13 years ago, few thought Angela Merkel would last long.
But after her resounding victory on Sunday, it is now clear that she has become
so much more than just Germany's political leader.
Euro Gains Against Dollar After Merkel Seen
Winning Election – BB
German elections with more losers than winner – Danske
Bank (pdf)
* * *
ELECTIONS
* * *
The
Koalitionsautomat: The German Coalition Builder – WSJ
The German Election
2013
– WSJ
Final push – The
Economist
If Merkel wins, she will face expectations across Europe to make decisions
that will be unpopular at home.
Merkel fights for
majority in tight German election race – Reuters
Chancellor Angela Merkel looked on track to win a third term in a
weekend election in Germany but faced a battle
to preserve her center-right majority and avert a potentially divisive
coalition with her arch-rivals, the center-left Social Democrats (SPD).
Merkel Evokes Postwar
Peace to Champion EU in Final Campaigning – BB
Merkel went into the last day of campaigning before tomorrow’s elections
evoking the European Union as a guarantor of peace and prosperity.
Merkel closed her campaign evoking the benefits of European unity as
Social Democrat Peer Steinbrueck lambasted her as ineffectual and
“backward-looking.”
German federal
elections preview: the parties and their campaigns – Europp
/ LSE
FDP battles to avoid
German election defeat – The
World / FT
Merkel Ally Calls for
End to Clean-Energy Priority on Power Grid – BB
The German elections are triggering a fascinating and unprecedented
level of anticipation abroad. For Germany’s parties and
voters, their country’s role and influence in Europe is so apparent that
the issue is not a key battleground in the campaign.
Tensions High: Last-Minute Poll Shows Close German Race – Spiegel
Tensions High: Last-Minute Poll Shows Close German Race – Spiegel
On the eve of election weekend in Germany, the governing
coalition has a narrow lead of just 1 percent, according to a last-minute poll.
The upshot? The outcome of the election is anyone's guess.
Germany's voting system is
complicated, to the point that not even most Germans completely understand it.
But it is one of the fairest around. Here is a brief explanation.
Germany's political
landscape used to be simple. In recent years, however, the emergence of smaller
parties have mixed things up. With Germans preparing to go to the polls this
autumn, SPIEGEL ONLINE has assembled a brief guide to the political parties worth
watching.
When it comes to Europe, Germany’s political elite and public are deeply divided – Open Europe
When it comes to Europe, Germany’s political elite and public are deeply divided – Open Europe
German elections: the
Greek view – The
World / FT
Germans head to the
polls in close election – euobserver
German national
elections: the German voters’ views – The
World / FT
‘Final spurt, olééé’ – Presseurop
A German election primer – alphaville
/ FT
Angela Merkel to be reelected; outcome should
help the Eurozone – Sober
Look
Germany's
anti euro party clashes with major pollster ahead of election – Open
Europe
Anti-euro AfD on 5% threshold to enter
Bundestag days before election; Schäuble: AfD euro-policy has no credibility
and is extremely dangerous – Open Europe
There have been three major shifts in German
public opinion during the 2013 election campaign, including a late swing from
the Greens to the Left Party –
Europp
/ LSE
Germany’s
CDU will overcome the odds stacked against Christian Democratic parties in the
2013 elections, but this may not be the case long-term – Europp
/ LSE
What do the Bavarian
election results tell us about next week's general elections? – Open
Europe
European policymakers
have higher hopes than expectations of change in German policies after a
general election next Sunday that has kept much European business on hold for
months.
[Focus] Bavarian elections spell trouble for
Merkel – euobserver
Germany:
update on the election and the economy – Nordea
Tailwind for Angela
Merkel from regional election in Bavaria * Main question: confirmation of current
government or Grand Coalition? * German economy a bit weaker in Q3 but
basically stable
Merkel Wins Bellwether Vote As Coalition
Partner Founders; Anti-Euro Party Ascent Could Derail Coalition – ZH
Merkel’s sister party
was set to win a majority in Bavarian state elections, giving the incumbent a
boost as she heads into the final week of her campaign before a national vote.
Angela Merkel's allies
swept to victory in a state election in Bavaria on Sunday, regaining the absolute assembly
majority they lost in 2008 and providing a show of conservative strength for
the chancellor a week before Germany goes to the polls
CSU wins Bavaria, but
can Merkel win Germany? – Danske
Bank (pdf)
German anti-euro party could derail Merkel
coalition hopes – Reuters
A new anti-euro party
could enter Germany's national parliament after an election next week, pollsters said on
Sunday, potentially upsetting Chancellor Angela Merkel's hopes of returning to
power with her current coalition partner.
Europeans expect a lot
from Germany. But that doesn't necessarily mean European
matters will have an impact on the upcoming German election.
German party
positions on key eurozone policies – Open
Europe / Twitter
Merkel hopes for
re-election boost from Bavarian vote – Reuters
Bavarians cast their ballots on Sunday in an election that is expected
to hand Angela Merkel's allies nearly 50 percent of the vote, giving the German
chancellor and her conservatives momentum a week before a federal election.
'One woman to rule them
all’ – Presseurop
Would you like to see the German elections
result in – Presseurop
Germany’s Sleepy but Significant Election – PIIE
The German Federal
Election: The Full Infographic – ZH
One woman to rule them all – The
Economist
German voters should
re-elect Angela Merkel.
Angela Merkel: A safe pair of hands – The
Economist
Germans love Merkel.
But The Economist has long been skeptical -- until now. In its new
issue, the British newsmagazine throws its support behind the chancellor for a
third term in the misguided hope that Mutti will become a visionary.
Dodging the Issues
Merkel Campaign Driven by Fear of Voters – Spiegel
The German campaign is
in full swing, but Chancellor Angela Merkel is carefully avoiding controversial
issues. Her stump message focuses entirely on her person and gives short shrift
to her plans for Germany's future. Her only platform is her popularity.
A minor debate over
road tolls might finally push the issue of Europe to the forefront of the German election
campaign – Europp
/ LSE
The power of small parties – DB
Research
Once upon a time, Germany had a three-party system with the smallest
party, the FDP, as a sought-after partner for coalition building. This simple
world mutated into a slightly more complicated one with the advent of the
Greens in 1983. In 1994, the Left Party joined the club of small parties in the
Bundestag. Today, the euro-sceptic Alternative for Germany (AfD) and the Pirates are rising above the
rest of the fringe parties, though both are a far cry from garnering the same
kind of support as the established small parties
No fundamental change in eurozone policy after
the German elections – Open
Europe
Of the nine proposals being floated to pull the eurozone out of crisis,
we expect clear movement in only one or two areas, including the most important
but most unclear one: the proposal for a single eurozone resolution authority
for banks.
German election update: Merkel defends her
lead – Nordea
German elections to set EU agenda in coming
months – euobserver
Both the current
coalitions and a possible broad CDU-SPD coalition are pro euro. Euro-sceptic
Alternative für Deutschland has only a round 3% of the votes in the polls.
Nevertheless, the elections are important, because sensitive European issues
have de facto been paused in order not to upset the German voters. Thus, we
expect progress on issues from the Banking Union to Greek debt forgiveness to
gain renewed momentum after the elections, no matter who wins.
Chancellor Angela
Merkel has been forced to concede that Greece will require additional aid -- an
admission that has dented her reputation as a crisis manager ahead of the
election. But she still hasn't revealed the true scope of the costs facing
Germany.
Since its launch in April, euroskeptic party Alternative for Germany has
been accused of peddling right-wing sentiments. A new study establishes the
party's centrist status, but shows that it still attracts right-wing populist
attention.
All Change? – Open
Europe
Why the German
elections are unlikely to fundamentally alter eurozone policy
German political
debate is peculiarly parochial considering it is the leading power in Europe
Not Going to Happen,
Expect a Shocker in Germany Election
German Euro-Skeptics Could Give Merkel an
Election Shock – Businessweek
A euro-skeptical
political party known as AfD is rising in the polls and could deny her
Christian Democratic Union and its coalition partners the majority they need to
continue governing.
Fickle Electorate: Why Are German Political
Polls So Inaccurate? – Spiegel
In recent years,
German pollsters have been subject to intense scrutiny, partly due to the
waning reliability of their data. Those who conduct surveys, though, say the
country's shifting political landscape and increasingly capricious voters are
to blame.
The Power of Egoism: Merkel Re-Election
Campaign Stalls the EU – Spiegel
Angela Merkel has
indirectly accused other EU members of egoism in the Syria crisis. When it comes to European policies,
however, the chancellor can be accused of the same: The German election has put
the brakes on several important projects in Brussels.
Q&A: German
parliamentary election – BBC