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German stalemate likely to harm growth and EU decision-making

Experts have warned that the political deadlock following Germany’s elections last Sunday will hit the country’s already sluggish economy, while Brussels fears the deadlock will stagnate its own decision-making.

Sunday’s vote left the country without a clear leading party, and with no clear centre-left or centre-right majorities.

FT Deutchland reports that an index by the Mannheim-based Centre for European economic research (ZEW) indicates that the election deadlock has a clear ...

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