Bundesbank chief warns that far-right surge could deter investors
Bundesbank President Joachim Nagel expressed concern that the rise of far-right parties in Europe, highlighted by the AfD's win in Saxony-Anhalt, may undermine Germany’s economic appeal.
Speaking at an ECB press conference in Berlin, Joachim Nagel warned that the growing influence of far-right movements threatens Germany’s social cohesion and economic stability. He cited the Alternative for Germany’s recent victory in Saxony-Anhalt, which ran on anti-migration and pro-Moscow policies. Nagel argued that such platforms are economically self-defeating and could make foreign investors hesitant to commit capital to the country.
Why it matters
Investor confidence in Germany could fall if far-right politics reshape economic policy.
In this story
far-right riseforeign investmenteconomic stabilityAfD election winGerman politics
