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German business leaders react to election result



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People in Germany awoke Monday to the news that the country’s center-left Social Democratic (SPD) party had pulled off a narrow victory over the incumbent conservative bloc of CDU/CSU. Reactions from the world of finance and economy poured in, despite the fact that the final makeup of Germany’s next coalition government could still be months away. Several powerful business associations, a powerful interest group in Germany, were united in their calls for politicians to be swift in forming a government. “We need, as quickly as possible, a coalition for climate protection and for the energy transition,” said Kerstin Andreae, …

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