After the German Ballot

Germany’s latest election has unleashed quite a bit of speculation about how the next government will assert its authority in both domestic and European arenas. The numbers behind Sunday’s vote suggest clear winners, but the real intrigue lies in the policy hurdles that need addressing. Tax reform, the constitutional debt brake, and the looming need for strategic EU collaboration now hang in the balance, promising a government roadmap of confrontation, compromise, and perhaps a new approach to fiscal expansion.