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  Bundestag election: economists: AfD could deter investors – politics | Bit Updates
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Bundestag election: economists: AfD could deter investors – politics

Thursday, September 14th, 2017 | bitcoin updates


Economists warn of disadvantages for the economic center of Germany by a move of the AfD into the Bundestag. "Xenophobic statements by parties represented in parliaments can deter investors, similar to xenophobic attacks," said the president of the Munich Ifo Institute, Clemens Fuest, the "Handelsblatt" according to Thursday's report. The director of the Institute of German Economy (IW), Michael Hüther, and the President of the German Institute for Economic Research (DIW), Marcel Fratzscher, expressed similar opinions. According to recent surveys, the AfD will be represented for the first time in the Bundestag after the election on the next weekend, with only 12 percent remaining only eight percent behind the SPD the regions in the Blickfeld international public, in which the party is particularly strong. These are mainly East German regions, such as Saxon Switzerland. But also the city of Pforzheim in Baden-Württemberg is a high-rise of the right-wing populists. "Many investors will consider whether they will be able to move employees from other regions or countries to move to the investment location," said Fuest.IW CEO Hüther wrongly called the AfD an economic-liberal party. "There is no reserve of Liberalism in a party that insists on foreclosure, xenophobia, and hatred." If the AfD were the third-strongest group, this would be a burden on Germany as a whole, he added. DIW President Fratzscher spoke of a "risk for economic policy". The danger is that the future federal government will respond to populist debates driven by the AfD and will not focus on economic and social policy reforms. (Reuters)

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