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Natixis comment that "Social Democrats in...>

GERMANY
GERMANY: Natixis comment that "Social Democrats in Germany have agreed to start
exploratory talks with the Christian Union today." However, they believe that
the political deadlock hasn't been overcome yet. They believe that the
"formation of a new government could be delayed until March next year" or even
be aborted. This would pave the way for a less market-friendly environment
Natixis claims. 

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