Germany will soon be led by a millionaire that can make everything new – such a man is Friedrich Merz

According to several experts interviewed by Kauppalehti, Merz’s arrival in Germany as the next federal citizen would be a positive thing, especially for the EU’s ability to function, the economy and the strengthening of defense.

In the most positive views, Merz is estimated to have the EU Chancellor known as the EU visionary Helmut Kohlin the kind of ability to reform and strengthen Europe.

“He has more ability to reform than many other politicians,” an expert estimates.

“Merz is taken from the same German politician wallpaper roll – very thoughtful and cautious, but he still has more courage than many other German policies,” says another expert.

Merz’s personality shares opinions: some appreciate his stubborn grip, others consider him too steep and conservative.

Mertz’s strict immigration policy and climate speeches also get twigs and roses.

The chairman of the CDU has called for the restoration of illegal migrants. He also wants the EU to comply with the rules already decided to record immigrants at the border crossing.

According to Merz, the green transition should take place on market terms, that is, so that European business is not suppressed under the guise of climate action.

During the election campaign, Merz criticized the current Chancellor Olaf Scholzia Among other things, the closure of nuclear power plants, which can predict a change in German nuclear power policy.

Strong German

Merz wants a stronger role in Germany in the EU and a functioning France-German relationship, which is considered central to the EU’s ability to function and economy.

The CDU leader wants to improve German relationships in Poland as well.

During the current Chancellor Scholz, France-Saksa cooperation has stuck.

“Merz’s business -style pragmatism takes a better direction than Scholtzian passivity,” an expert estimates.

The first major challenge in the EU Chancellor of Trade Policy is to get France to persuade behind a controversial Mercosur free trade agreement.

US relationships

For years, Merz has been a strong supporter and promoter of transatlantic relationships.

President Donald Trump However, he is said to be a realist.

Even live speech has already been heard.

On Sunday, Merz said the United States had been involved in German politics during the election campaign and equated a billionaire Elon Muskin AFD support for Russian influence campaigns.

Merz has emphasized that Europe must stop being a “dwarf” in relation to the United States, or else the EU is treated as a dwarf in the United States.

Merz is in favor of a deeper EU integration in foreign and security policy. If implemented, it would strengthen the global weight of the EU.

The German China line is expected to tighten under the leadership of Merz, which can also be reflected in EU policies.

Defense in order

The German political line has been one of the key reasons for the defense capacity of Europe.

Merz wants a change for this.

The future Chancellor wants to strengthen the EU’s defense capacity. It also means adding defense expenditure – even with a common debt to which Merz has slightly warmed up during the election campaign.

“For me, the overwhelming main thing is to strengthen Europe as quickly as possible so that step by step we can achieve independence from the United States in defense,” Merz said on Sunday.

According to Merz, Trump’s recent statements say that “Americans are indifferent to the fate of Europe”.

On Sunday, Merz even questioned the future of NATO, based on the United States, talking about next summer’s NATO summit.

“You can see if we are still talking about NATO in its present form or whether we have to replace it quickly with an independent European defense arrangement,” Merz said.

He has also highlighted the creation of European nuclear disarmament together with France and Britain.

Merz wants the EU to support Ukraine more both financially and militarily.

Under his leadership, Germany may open the lock and provide long-standing Taurus missiles for Ukraine.

Friends and enemies

69-year-old Friedrich Merz served as a MEP in the EU Parliament from 1989 to 1994.

He is well aware of European decision-making and wants a cohesive EU line for Germany.

During the current Chancellor of Chancellor, Germany’s position has been unclear in the Council, as different ministries have had different positions.

If Merz becomes a Chancellor, then Germany will have two strong CDU representatives at the EU’s top positions because of the chairman of the Commission Ursula von der Leyen There is also a German Christian Democrat.

However, this does not mean that the cooperation of the top two goes as dancing because von der Leyen is Angela Merkel The politician raised to power, and Merz represents a different line over Merkel.

In part, due to these differences of opinion, Merz got outdoors in CDU’s power games and left politics for years.

“Merz and von der Leyen are ‘frenemies’, friends and enemies,” one expert describes the relationship between the duo.

However, in Brussels, it is estimated that the pair is able to exceed the worries of the past because they both want to strengthen the EU.

The two are, among other things, a simplification of regulation, demolishing bureaucracy and promoting the EU digitalisation to make European companies more competitive.

Millionaire

Merz, who has been trained in the lawyer, is considered a financial expert.

He left politics in the early 2000s and worked first Mayer Brown in the case office and later the US BlackrockDirector of the investment company German operations and the Board of Directors of the company.

Merz’s personal assets are estimated to be EUR 12 million.

In order to get the German economy in order, Merz has driven tax cuts and restructuring. He also hopes that the EU countries will do the latter.

The CDU leader has flashed the possibility of reforming the German debt brake, which restricts state debt, but only on the condition that expenditure, such as refugee and unemployment benefits, and reduces government jobs.

Merz has also stated that he is ready for cutting government subsidies, which are particularly hoped for by smaller EU countries because they distort competition.

He also supports the creation of European “Champions” companies, which has so far been prevented by EU competition law.

Market impact

Pepperstone London’s senior research strategy Michael Brown In its memo, the CDU -led government coalition can further improve the positive market atmosphere of the German stock market index DAX.

This is supported by Merz’s policy measures, which are considered to be supported by economic growth.

The euro may also be strengthened as the stabilizing economy can attract investors to German state bonds, which would raise their returns.

The risks, in turn, are related to the case of post -election government negotiations prolonged and weaken the confidence of investors.

However, according to Brown, more depends on what is happening in the United States, so the impact of the German election result on the market remains short -term.