The German Election:
No vote for Europe?
Timo Behr & Tuomas Iso-Markku
The Finnish Institute of International Affairs
Ladda ner PDF (1.18 Mb)
The outcome of the German federal elections on September
22nd will have a significant impact on the management of the on-going eurozone
crisis and set the tone for the future course of European integration.
Although the EU and the euro are largely absent from current
electoral debates, significant differences on these issues exist both inside
and between German political parties in the run-up to the September polls.
However, in the absence of significant debate, fundamental
decisions over the future of EU integration will be postponed until after the
election, when a cross-party compromise appears more feasible.
Regardless of the election outcome, the next German
government is likely to prove more conciliatory on austerity policies in Europe
and will boost domestic spending, but will retain some red lines on further EU
rhetoric and the pace of change might differ significantly depending on the
shape that the next coalition government takes, German eurozone policies will
continue to trade fiscal solidarity for structural reforms.