Victories in the state elections: BDI: AfD spooked investors – Frankfurter Neue Presse

Berlin / Frankfurt.

In the economy, the electoral success of right-wing populist AfD as a threat to Germany’s image in the world to be seen. “It is not ruled out that the partially high demand for retrograde parties as AfD or left deters investors,” warned the president of the Federation of German Industry (BDI), Ulrich Grillo, on Monday. His colleague Anton Börner from the trade association BGA interpreted the AFD results as evidence that the trend in the EU countries had now arrived to strengthen the integration of Europe in Germany.

cool head

thought, and then talk only, is usually helpful. Panic attacks no use to anyone.

clearing

The federal government hand, sees no danger for the business location Germany. The elections in Baden-Württemberg, Rhineland-Palatinate and Saxony-Anhalt had AfD bestowed with double-digit percentage figures the feeder in three state parliaments. In contrast,

cosmopolitanism mainstream parties CDU and SPD had suffered massive losses in part.

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Grillo expressed particular concern about the election in Saxony-Anhalt. There the AfD rose from a standing start to the second largest party behind the CDU and could collect about 24 percent of the vote. The BDI president urged that Germany is particularly dependent on the international success of his company. Also why cosmopolitanism is required.

Börner said that if there is no success, to give people the benefits of a united Europe, he sees black. “Now it is more important than ever to explain the way how to succeed the reception and integration of refugees,” emphasized the president of the BDI. There were opportunities and possibilities for our country, they are the best recipe against populist tendencies

The Digital federation Bitkom warned against xenophobia and foreclosure. The strengthening of right-wing populist parties and the encouragement of nationalist positions could the German economy “massive damage “Add. The assurance of prosperity in the country succeed only “together with a strong Europe and with the help of foreign experts.”

wake up call for the government on the other hand

Serene utterances came from the middle class. “Negative effects for the business location Germany I expect the election results do not,” said Mario Ohoven, the president of the Federation midsize business (BVMW). He sees the AFD successes as “wake-up call for the federal government” to reconsider its policy on refugees. The association “The Family Business” stressed: “The grand coalition preached a mantra that we can do it, but she missed it, to provide answers to the how the voters.” Association president Lutz Goebel demanded an integration concept. He also warned: “If the AfD in good times double-digit election results just – what if the economy is no longer running around”

“In many European neighbors political outsider pushing forward, now in Germany,” commented the chief economist of Nordea, Holger Sent. That did governance not simple. Nevertheless Germany still counted among the most politically stable countries in Europe. “The political center is still relatively strong.”

No surprise

“Everywhere in Europe, protest parties on the rise – in the south mostly with left painting, in the north with the right paint. To that extent, foreign investors are not surprised by the emergence of the AFD, “said Commerzbank chief economist Joerg Kraemer. He sees the political stability in Germany does not jeopardize

Lars Edler, Head of Investment Strategy at Sal Oppenheim said:.. “International investors monitor the operations closely, the results of the state elections. Companies need a stable regulatory environment. Whether with or without AFD in the Bundestag and in state legislatures: The nothing will initially change the fact that one in Munich feels quite well. Companies decide rationally. They weigh exactly when and where to invest. These are long-term decisions for years or decades. I do not think that an election victory of the AFD is a decision Paramater. “

The new wave cheap ECB money has the Dax flushed beginning of the week for the first time since mid-January again over the mark of 10 000 points. The German index rose on Monday in the top 2.1 percent to 10,039 points. In the afternoon he fell again slightly below the striking threshold.

Auto stocks prompted

After a positive analyst comment investors have accessed strengthened in car values. Volkswagen, BMW, Daimler and Continental were up 3.8 to 2.4 percent in the tip. They were therefore among the best DAX stocks.

With voltage investors are now waiting for the decisions of the central banks of Japan, the US and Britain in the coming days. While no interest rate changes are expected, but the monetary authorities could comment on the situation of the economy. Especially the comment about the US Federal Reserve on Wednesday is likely to be closely analyzed. The question is whether the world’s largest economy already has enough momentum to withstand further interest rate increases during the year, said a broker. The Fed had signaled to the turnaround in interest rates in December reluctance to further monetary tightening and kept in January the key phrase in the range of 0.25 to 0.5 percent.

(rtr, ba)