Germany cobbles together another coalition

Another “grand coalition” between the SPD and CDU/CSU in Germany is looking likely.

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Angela Merkel is out to build a Grand Coalition
(Image credit: 2017 Getty Images)

Another "grand coalition" between the SPD and CDU/CSU in Germany is looking likely. Chancellor Angela Merkel and SPD leader Martin Schulz met last week for preliminary discussions. "As a group, Germans are thought to value political stability" says Speigel.de. However, "a repeat of the SPD-conservative coalition is the kind of stability that wouldn't be good for the country". This is because the last four years have made clear that "a grand coalition is a static alliance, one that is good at spending money but not as adept at moving projects forward".

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Dr Matthew Partridge
Shares editor, MoneyWeek

Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.

He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.

Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.

As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.

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