April 28, 2024

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Unprecedented political intervention in the Bundesbank against the AfD

Unprecedented political intervention in the Bundesbank against the AfD

The German Central Bank Governor said: “I urge everyone not to underestimate the dangers of right-wing extremism.”

Unprecedented Regarding the extent of unacceptable political interference by a supposedly independent institution, the statements are political statements by the head of the country's central bank.
Appeal…Governor of the Central Bank to MrThe nationalist Alternative for Germany (AfD) party, For fear of economic collapse.
«The extreme right threatens Germany's prosperity…said her boss Bundesbank Joachim Nagel σWith his interview with the group Funk Media Which was published on Saturday 3/23, according to Reuters, also stressing that ““Leaving the euro would be an economic disaster for all of us.”
The governor of the country's central bank noted, “I urge everyone not to underestimate the dangers of right-wing extremism,” adding that… Extremism discourages foreign investors and skilled workers from coming to Germany.
Nagel also warned that: A German exit from the monetary union or the European Union, which he described as “the cornerstone of the country's prosperity,” would be a disaster.
Without wanting to degrade them Challenges facing the German economyNagel noted that Germany's labor market has remained stable and that the country has achieved near full employment.

Proposing mass deportation of immigrants

The wave of protests that have continued since January has been motivated by… Revealing a secret meeting with AfD politicians in Potsdam, among others, during which, according to information from the Correctiv research network, a mass deportation of migrant individuals took place.a.
The protests are also directed against the rise of far-right forces and right-wing populism in general – specifically against the AfD.
Nagel did not comment specifically on the parties, but told Funke Newspapers that if there was talk of itGermany's exit from the monetary union or the European Union “can only be a warning.” This would be an “economic disaster for all of us.”
The European Union and monetary union constitute the cornerstone of the country's prosperity.

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Commercial interests

Many businessmen attack the AfD.
State elections will be held in SeptemberThe three eastern German states of Saxony, Thuringia and Brandenburg.
Opinion polls indicate that the Alternative for Germany party is currently leading in the three federal states.
“So far there are very few businessmen who show their preferences and express themselves politically,” Martin Engelhardt, founder of the tunnel construction company that bears her name, told the newspaper on the issue of populism.
A policy of isolation such as that advocated by the AfD is “deadly”.
Klaus Fischer, owner of the manufacturer of Fischer pins, criticized the current federal government
. For example, there was a lack of good education policy and a clear line on digitalization and artificial intelligence. But at the same time, he said that anyone who believes the AfD helps achieve better politics “maybe.” Very soon you will face the opposite of freedom, democracy and social diversity.”
the Max HardinJi, chairman of the East Westphalian technology group of the same name, told the newspaper A policy that promotes diversity is not only a demand of humanity, but also a key factor for long-term economic success and prosperity.
“As such, we will always ask our employees to vote democratically.”

Shoe entrepreneur Heinrich Deichmann said it wasTo show Christian attitude to his employees
. He is concerned about recognizing “a political trend in our country” that encourages dangerous behavior and challenges the democratic tax
the.
The far-right Alternative for Germany party floods Germany's Supreme Court with complaints, accusing it of obstructionist methods - SWI swissinfo.ch
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