- September 27, 2021
- Posted by: Stratford Team
- Category: Business
(Refiles to remove redundant words from headline)
BERLIN, Sept 27 (Reuters) – German economists and industry groups expressed relief on Monday that Europe’s biggest economy probably avoided a leftist government after the Social Democrats narrowly won the election but the far left’s weak result ruled it out as a potential partner.
A centrist three-way alliance looks most likely to take over from Angela Merkel, who after 16 years as chancellor did not stand in Sunday’s vote. Both the Social Democrats (SPD) and Merkel’s conservative bloc say they want to lead government and both have identified the Greens and the pro-business Free Democrats (FDP) as preferred partners.
The far-left Linke party’s poor showing means that a so-called red-red-green coalition with the SPD and the Greens mooted as one of potential configurations, was no longer viable.
“Many investors and companies should be relieved that a red-green-red alliance will probably not have a majority in…