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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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MNI POLITICAL RISK ANALYSIS - Week Ahead 25 Nov-1 Dec
Court Rules Berlin Must Re-Run 2021 State Election
The Constitutional Court of Berlin has ruled that the state must re-run the election held in the German capital in 2021 due to irregularities with the voting process. A re-run of the election must take place within 90 days with 12 February 2023 seen as the most likely date.
- The voting process in September 2021 was criticised at the time as chaotic, with poorly organised polling stations unprepared to hold federal, state, local elections and a city-level referendum on the same day. Around 20% of Berlin's electoral districts will also re-run elections to the Federal Bundestag, but this is unlikely to materially alter the strength of Chancellor Olaf Scholz's governing coalition.
- Berlin is currently run by a centre-left coalition of the Social Democrats, Greens, and Left Party. As head of the largest party in the regional legislature, regional SPD head Franziska Giffey serves as Governing Mayor of Berlin.
- Opinion polls show the SPD having fallen behind the environmentalist Greens and centre-right Christian Democratic Union in the city. The current coalition is likely to retain its majority, but the order of seniority may change.
- If the Greens emerge as the largest party it would mark the first time ever that they have held the Governing Mayor's office. It would be the first time since 2001 that an SPD official has not led the capital, and come as a blow to Scholz's party and its standing for losing such an historic stronghold.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.