meta name="monetag" content="a3870aee6c402f3795c0232dcb762283"/> Do you need a custom Do you need Do you need German Chancellor Olaf Scholz loses confidence vote, clearing the way for February election Published Mon, Dec 16 202410:37 AM ESTUpdated An Hour Ago thumbnail Sophie Kiderlin @in/sophie-kiderlin-b327b914a/

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German Chancellor Olaf Scholz loses confidence vote, clearing the way for February election Published Mon, Dec 16 202410:37 AM ESTUpdated An Hour Ago thumbnail Sophie Kiderlin @in/sophie-kiderlin-b327b914a/

or in a less likely scenario the Green party, to form Germany’s next government. Kallum Pickering, chief economist at Peel Hunt, said Monday that regardless of the election outcome, Germany’s economic malaise was likely to force an eventual agreement on fresh fiscal support. “Even if within say the first three to six months of the new administration you don’t get changes to the debt brake, if they have a big enough majority, eventually I think economic conditions will just force them to accept the reality that they need a fiscal stimulus,” Pickering told CNBC’s “Street Signs Europe.” “The moment you get a fiscal stimulus in Germany, I think a lot of things start to look a bit better,” he added.

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