He Breederic Mers failed In His attempt to get the majority in the pantastag On Tuesday, the German stock markets create a uncertainty of the country’s political stability at the time of economic clouds on Europe’s main economy.
DAX 40 code threatened to 22,924 points to fall 1.5% late in the morning at Frankfurt Break the streak of nine days. The Euro stacks 50 Index fell 1.1%to 5,225 points. The German public debt moved strongly. 10 -year Band’s profit rose to 2.54%, The highest level from the middle. Euro 1,1350 to 1 1,1310.
“Adds your backlash New uncertainty for the German economyIs driven by export, which It is already under pressure of political change American ads, “Holker Ssabitz de Weld.” Germany voted for change. The politicians decided to keep everything without changes. Now, the coalition of industrial and economic destruction does not even agree to vote on a chancellor, ”said Treasis chief economist Daniel Lacalele.
What failed in Bundestag?
MERS. However, in A surprising setbackPundestag received only 310 of the 316 votes required to be officially becoming president. This is the first time in the post -war Germany After the coalition agreement, the presidential candidate did not reach parliamentary approval.
The voting results have controlled parliamentary committees. As per German law, it should be held The second vote within two weeks. If there is no majority, you can go to the third round with a simple majority. Otherwise, parliamentary president can dissolve Bundesteke Add new elections.
Mers had propagated with a bold plan Favorable to corporations re -implementing stagnant economy German was an investment package in the infrastructure of 500,000 million euros in its alliance plan, which promised on unlimited security cost skills and Clearly alignment with Ukraine In his war against Russia.
The program is highly anticipated by the markets, and now hangs from a thread. Mers plans to go to Paris and Warza on Wednesday to meet with French President Emmanuel Macron and Polish Prime Minister Donald Tusk Strengthen European integration in security matters. The journey is indefinitely postponed and further realizes the concept of disorder.
The fall of German industrial values
There were heavyweights of the German industry The one who first experienced its consequences. Amid the growing need for security, the value of the taxa, which was well done by 2025, declined by 2%of the rhinometal AG. Siemens, MDU Aero Engines, Porsche AG, PASF, Infinian and Timeler Truck Holding AG
Only two members of DAX were placed in the positive field: Fresinius Medical Care (+3,8%) Simries (+0,2%).