Key View: Now that a coalition agreement has been reached in Germany, the country's electric vehicle (EV) outlook will strengthen over 2022-2030 as the coalition will drive forward a Green-proposed ICE ban by 2030 and will see the continued support for EV purchases and EV charging infrastructure.

Key View

• Now that a coalition agreement has been reached in Germany, the country's electric vehicle (EV) outlook will strengthen over 2022-2030 as the coalition will drive forward a Green-proposed ICE ban by 2030 and will see the continued support for EV purchases and EV charging infrastructure.
• The coalition will also likely see restrictions

The Latest: Following coalition negotiations between the Social Democratic Party of Germany (SPD), the Greens and the Free Democrats (FDP), a preliminary list of cabinet appointments has been released to the press. The parties are expected to make an official announcement in the coming week, with the aim of having SPD Finance Minister Olaf Scholz

Key View

• Rural last-mile fibre penetration is set to rise markedly over the medium term following announcements from incumbents and regional players in Germany and France.
• In Italy, prospects for the fibre market are also turning positive as plans for a network carve-out at incumbent TIM begin to move forward.
• High fibre penetration is key

Key View

• German economic growth slowed in Q321, in line with our expectations. High frequency indicators point to momentum easing further in Q421, and we expect slow annual growth in the final quarter to see average 2021 real GDP growth of 2.8% y-o-y.
• We expect real GDP growth to accelerate to 4.7% in 2022, mainly due to robust consumption

Key View

• At Fitch Solutions, we have lowered our 2021 real GDP growth forecast for Germany to 2.8% from a prior 3.7%, due to domestic supply-side constraints on activity and headwinds to external demand in H221.
• We anticipate that private consumption will support the economy’s expansion over the coming quarters, facilitating an acceleration

Key View

• At Fitch Solution, we have revised upwards our 2021 average inflation forecast for Germany following a further acceleration in price growth in September.
• We now expect Germany’s inflation to average 2.7% in 2021, from 2.4% previously.
• While we retain our view that such high inflation levels will only be temporary, inflation risks

Key View

• The Social Democrats (SPD) won the German federal election on September 26 and will likely go on to form a centre-left coalition with the Greens and the Free Democrats (FDP) in the coming months.
• While such a coalition will require difficult compromises from all sides, we expect the lack of other feasible options and a broad

Key View

• Boehringer Ingelheim’s latest acquisition will help push them forward in their journey to entering the immuno-oncology market.
• Non-typical targeting of cancer antigens will help differentiate the company from current immuno-oncology therapeutic offerings, that target surface-level antigens.
• Despite significant investment into