After the state elections: say Germany’s managers and economists to AfD … – Tagesspiegel

The economic worries given the success of the right-wing populist AfD in the state elections in Baden-Württemberg, Rhineland-Palatinate and Saxony-Anhalt to the location Germany. “It is not ruled out that the partially high demand for retrograde parties as AfD or Left discourages investors,” the president of the Federation of German Industries (BDI), Ulrich Grillo said on Monday in Berlin. “So you have in Saxony-Anhalt have to worry.” There, the AFD went from a standing start the second largest party behind the CDU.

, expressed similar Anton Börner, the president of the Foreign and Wholesale Association BGA: “The trend against Europe, against the euro, has now reached Germany,” Börner said on Sunday the news agency Reuters. The politicians of the established parties would get together and communicate the benefits of a common Europe now. “Failure that, it makes me pessimistic,” Börner said.

Bitkom warns of “massive damage” to the economy

The President of Digital association Bitkom Thorsten Dirks, warned overlooking the AFD before xenophobia. “The strengthening of right-wing populist parties and the encouragement of nationalist positions could the German economy (…) Add massive damage,” he said. The president of the Association “The Family Business”, Lutz Goebel, wrote to refugee policy of the government to have triggered a “culture shock”.

However, economists commented calmly. “Everything is relative, and compared Germany remains one of the most politically stable and most predictable countries in Europe,” said the European Chevolkswirt Nordea Bank, Holger Sent. “Therefore I do not believe that the advance of AfD deters foreign investors.”

Lars Edler, who heads the investment strategy at Sal. Oppenheim, which looks similar. “Companies need a stable regulatory environment,” Noble said. “Whether with or without AFD in the Bundestag and in state legislatures: The nothing will initially change the fact that you are in Munich quite comfortable.” According to him, investors choose their locations not on a gut level. “These are long-term decisions, sometimes over years or decades,” said the fund manager. “I do not think that an election victory of the AFD is a decision Paramater.”

Commerzbank: Political stability is not endangered

Commerzbank chief economist Joerg Kraemer predicted the traditional parties in Germany should now pull together to form stable governments in the Federation and in the countries. Political stability in Germany saw foreign investors after the election is therefore not vulnerable. “However, they wonder how the necessary evolution of the monetary union can be promoted when in many countries anti-European protest parties on the rise,” said Kramer. “They see risks so mainly for further European integration.” Industry President Grillo sees in the election results a wake-up call. “Now it is more important than ever to explain the way how to succeed the reception and integration of refugees.” There were chances and opportunities for Germany, they are the best recipe against populist tendencies. rtr / dpa