Germany's Election Showdown: Economic Proposals Amid Coalition Collapse

Germany's leading political parties unveil their economic agendas after Chancellor Olaf Scholz's government faces a no-confidence vote, prompting a snap election. Proposals focus on economic recovery, debt brake reforms, and investment incentives. Notably, the far-right AfD advocates for 'Dexit' and dismantling eurozone ties.

Germany is gearing up for a significant political showdown as key parties present their election programmes following a no-confidence vote against Chancellor Olaf Scholz's government. A snap election has been set for February 23, driving discussions on how to revitalize Europe's largest economy amidst its current downturn.

The Social Democrats (SPD) focus on energizing private investment and infrastructure, suggesting a 100 billion euro fund. Meanwhile, the opposition Christian Democrats (CDU/CSU) aim to offer substantial financial relief through tax cuts but face criticism for unclear funding strategies. Their leader, Friedrich Merz, is tipped to potentially succeed Scholz.

The economic debate intensifies with Greens, Free Democrats, and the far-right AfD suggesting varied fiscal and environmental policies. Particularly, the AfD's call for Germany's exit from the EU highlights stark contrasts within the political landscape, further fueling election tensions.

(With inputs from agencies.)