Germany's Next Election Season Will Begin a Period of Political Turbulence

Disputes between outgoing German Chancellor Angela Merkel and her potential successor will likely lead to an ineffective government ahead of Germany's next parliamentary election, which will take place in late 2021 and could result in the collapse of the country's ruling coalition. In addition to reducing Berlin's ability to manage the economic fallout from COVID-19, this period of political turbulence will also slow the European Union's policymaking process as the rest of the bloc refrains from making meaningful decisions until its largest economy appoints a new government....