6min chapter

UBS On-Air: Market Moves cover image

Across the Pond: Is Germany’s chancellor-in-waiting Merz the comeback kid?

UBS On-Air: Market Moves

CHAPTER

Shifting Defense Spend and Economic Resilience

This chapter examines Friedrich Mertz's comments on Germany's pivot towards increased defense spending and European self-reliance, signaling a potential economic shift. It also highlights the strength of the German economy despite negative GDP growth, focusing on consumer confidence and the implications of the constitutional debt break on fiscal policies.

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