Angela Merkel wins fourth term. Focus now turns to the coalition she needs to forge.
Angela Merkel is in the best position to win the German election, however uncertainty prevails regarding the coalition. We retain our positive view on German equities.
The global economy has been hit strongly by the financial crisis and the fundamentals of many countries have changed dramatically. Hence, the scope for sustainable growth seems of increased interest. According to varying assumptions on the growth determinants we have developed estimations of potential output for seven industrialized countries until 2030.