Deutsche Bank CEO Warns Political Shift in Germany Risks Investor Appeal
Deutsche Bank CEO Christian Sewing expressed concern over recent German state election results, stating they could negatively impact the country's appeal to international investors. The far-right AfD party won elections in Saxony-Anhalt and Mecklenburg-Vorpommern, while left-wing Die Linke secured a victory in Berlin. These outcomes signal growing support for parties with policies that diverge from Germany’s traditional stability, rule of law, and European integration—factors Sewing said are crucial to investor confidence. Sewing emphasized the importance of maintaining Europe as an attractive home market for businesses and investors. He noted that political shifts toward anti-European stances could deter investment flows into Germany. The comments come amid broader concerns about Chancellor Friedrich Merz’s growth reforms lacking public support, according to a previous economist's assessment.
Topics: elections European Union Germany investor sentiment political parties