Global Macro Service > Research Briefings > Germany

New coalition aims to modernize with limited fiscal boost

The SPD, FDP and Green party have struck a deal to form the next German government, which should be in power by early-December. A first reading of the 177-page deal suggests that the future coalition has agreed an overall sensible plan to modernize and decarbonise the country. But there are key questions on implementation and financing, while the pandemic is a near-term headache.

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