Practical analysis for investment professionals
26 September 2013

Poll: Will Angela Merkel’s Position on Financial Reform in Europe Soften?

Posted In: Economics

In a poll conducted earlier this week in the CFA Institute Financial NewsBrief, we asked readers whether Angela Merkel’s position of economic reform will soften now that she has won reelection.

After Angela Merkel’s election victory as Germany’s chancellor, do you expect her position on financial reform in Europe to soften?
Poll: After Angela Merkel's election victory as Germany's chancellor, do you expect her position on financial reform in Europe to soften?

A large majority of the 667 respondents, 81%, said no: They expect the German chancellor’s famously austere stance toward Europe’s economically struggling nations to remain the same. This view is consistent with Merkel’s own post-election statements, in which she continued to iterate her opposition to a temporary debt repayment fund, despite widespread European support. Those who believe that Merkel’s position will soften may be considering the resounding election defeat of “eurosceptics” and her likely coalition partners’ left-leaning stance. Regardless of Merkel’s actual preferences in her new term, events requiring coordinated solutions continue to unfold in Europe, including the likely creation of a new relief plan for Greece, the French government hitting new record debt levels, a possible Ukrainian bailout and continued troubles in Spain and Italy.

Please note that the content of this site should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of CFA Institute.

About the Author(s)
Jason Voss, CFA

Jason Voss, CFA, tirelessly focuses on improving the ability of investors to better serve end clients. He is the author of the Foreword Reviews Business Book of the Year Finalist, The Intuitive Investor and the CEO of Active Investment Management (AIM) Consulting. Voss also sub-contracts for the well known firm, Focus Consulting Group. Previously, he was a portfolio manager at Davis Selected Advisers, L.P., where he co-managed the Davis Appreciation and Income Fund to noteworthy returns. Voss holds a BA in economics and an MBA in finance and accounting from the University of Colorado.

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