Germany's 2021 election and why it matters to markets


  • World
  • Thursday, 13 May 2021

FILE PHOTO: Dark clouds hang over the financial district as the spread of the coronavirus disease (COVID-19) continues in Frankfurt, Germany, March 16, 2021. REUTERS/Kai Pfaffenbach

LONDON (Reuters) - It's rare for German elections to be exciting, market-moving events but the one on Sept. 26 may prove the exception if its outcome completes the transformation of a nation long wedded to austerity into a big spender.

The election will end Angela Merkel's 16-year stint at the helm of Europe's biggest economy, and the Greens have a chance to become the leading party in national government for the first time in their 40-year history.

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