Germany’s economic sectors expect government to be formed quickly

“The German economy urgently needs a stable and working government, endowed with a clear majority at the Democratic Center,” said Peter Leibinger, president of the BDI Industrial Federation.

Except the Far Right Party AFD, whose program scares the economic circles, others, especially social democrats and green, defeated of the current coalition, could be invited to start negotiations with Merz’s CDU-CSU.

Private banks expect an “effective and determined government, and that quickly,” according to the president of the BDB Federation Christian Sewing, also head of the largest German banking group, Deutsche Bank.

“Industry and workers cannot expect months to have clear prospects,” said Christiane Benner, president of the powerful union IG Metall.