The CDU-CSU has emerged as the largest party in Germany’s federal elections and Friedrich Merz will almost certainly become the next chancellor at the head of a coalition government. 
But Germany faces profound economic and geopolitical headwinds amid a contracting industrial sector and rapidly shifting European security situation. 

Paul and Luke speak to Lizzy Galbraith and Felix Feather about Merz’s economic agenda, asking whether ‘debt brake’ reform is possible and if this is the ‘last chance saloon’ for the German mainstream. 

Some highlights:
    Listen to the latest episode of our Macro Bytes podcast for further insights. 

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