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Free AccessScholz's Approval Rating Craters Amid Protests Over Subsidies
Morning Consult reports that German Chancellor Olaf Scholz's approval rating has continued to slide amid political turbulence from government plans to close a multi-billion euro hole in the federal budget, leading to a series of protests from German farmers over the suspension of subsidies and tax breaks.
- Morning Consult notes: "Our most recent polling shows that nearly equal shares of German adults express support for right-wing party Alternative for Germany as for Scholz’ own Social Democrats."
- The report continues: "Of equal concern is the fact that the largest share of German respondents say that no political party reflects their views, a likely indicator of political disillusionment which could further strengthen anti-establishment parties like the AfD."
Figure 1: Net Approval of German Chancellor Olaf Scholz
Source: Morning Consult
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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.