Germany's Upcoming Election Could Impact Financial Sector

According to PANews, Germany is set to hold parliamentary elections on February 23, 2025, which could significantly influence the financial sector of Europe's largest economy. The far-right Alternative for Germany (AfD) party is currently polling in second place. However, mainstream German parties have refused to collaborate with AfD in any government, suggesting that their proposals may never be realized. Despite this, AfD's financial policy plans are notably specific and radical. The party advocates for Germany's exit from the Eurozone, supports extensive deregulation of Bitcoin, wallets, and trading, and opposes the digital euro.