The US slaps tariffs on the EU. Naturally, the Hungarian government blames… the EU.

Still unclear whether the US is using tariffs to raise revenue or as a negotiation tactic.

The result: more policy uncertainty ahead.

And 3. ⏳ How long will it take to form a government?

Parties took a looong time to form a coalition after the last two elections. Unclear whether the difficult economic and geopolitical context will help accelerate negotiations this time.

2. 🏛️ # parties in the Bundestag: the more parties, the more likely the election winner might need + than one coalition partner.

Another thing to watch is whether CDU/SPD/Greens will have the necessary 2/3 majority to reform debt brake.

Three issues we will be watching when polls close in 🇩🇪 at 6pm local time.

1. 🎯 Accuracy of opinion polls: German pollsters were relatively accurate in the last election. Will there be any surprises this time?

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