{"id":2278,"date":"2025-02-22T03:24:05","date_gmt":"2025-02-22T03:24:05","guid":{"rendered":"https:\/\/info-eforie.ro\/index.php\/2025\/02\/22\/alegerile-din-germania-starnesc-ingrijorare-in-randul-investitorilor-care-sunt-posibilele-scenarii-in-functie-de-partidul-care-va-prelua-puterea\/"},"modified":"2025-02-22T03:24:05","modified_gmt":"2025-02-22T03:24:05","slug":"alegerile-din-germania-starnesc-ingrijorare-in-randul-investitorilor-care-sunt-posibilele-scenarii-in-functie-de-partidul-care-va-prelua-puterea","status":"publish","type":"post","link":"https:\/\/info-eforie.ro\/index.php\/2025\/02\/22\/alegerile-din-germania-starnesc-ingrijorare-in-randul-investitorilor-care-sunt-posibilele-scenarii-in-functie-de-partidul-care-va-prelua-puterea\/","title":{"rendered":"Alegerile din Germania st\u00e2rnesc \u00eengrijorare \u00een r\u00e2ndul investitorilor. Care sunt posibilele scenarii \u00een func\u021bie de partidul care va prelua puterea"},"content":{"rendered":"<div>\n<p>Alegerile parlamentare de duminic\u0103 din Germania st\u00e2rnesc \u00eengrijorare \u00een r\u00e2ndul investitorilor, care se \u00eentreab\u0103 cum vor evolua principalii indici \u0219i ac\u021biuni, \u00een func\u021bie de forma\u021biunile politice care vor prelua puterea.<\/p>\n<div><picture loading=\"eager\" width=\"1400\" height=\"750\" alt=\"Afi\u0219e electorale pe un st\u00e2lp de iluminat din Germania\"><source type=\"image\/webp\"  media=\"(min-width: 1400px)\"><source type=\"image\/webp\"  media=\"(min-width: 1000px)\"><source type=\"image\/webp\"  media=\"(min-width: 700px)\"><source type=\"image\/jpeg\"  media=\"(min-width: 1400px)\"><source type=\"image\/jpeg\"  media=\"(min-width: 1000px)\"><source type=\"image\/jpeg\"  media=\"(min-width: 700px)\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/cdn.adh.reperio.news\/image-a\/a8fa5fa1-70d2-49e9-b088-846312b160cc\/index.jpeg?p=a%3D1%26co%3D1.05%26w%3D700%26h%3D750%26r%3Dcontain%26f%3Dwebp\" alt=\"Afi\u0219e electorale pe un st\u00e2lp de iluminat din Germania\" width=\"1400\" height=\"750\" loading=\"eager\"><\/picture>\n<p>Alegerile din Germania st\u00e2rnesc \u00eengrijorare \u00een r\u00e2ndul investitorilor. Foto Profimedia<\/p>\n<\/div>\n<p>\u00cen prim\u0103 instan\u021b\u0103, se pune \u00eentrebarea fireasc\u0103 cu privire la modul \u00een care principalul indice german, DAX, ar putea reac\u021biona dup\u0103 recenta sa cre\u0219tere de pre\u021b. Indiferent de motivul care st\u0103 la baza c\u00e2\u0219tigurilor de peste 13% \u00eenregistrate recent de DAX, \u00eentrebarea cu privire la modul \u00een care vor evolua lucrurile dup\u0103 alegerile parlamentare de duminic\u0103 este mult mai important\u0103 pentru investitori. <\/p>\n<p>Pentru a avea o estimare a unei posibile evolu\u021bii, putem arunca o privire la cele mai recente sondaje. Rezultatele sondajelor actuale pentru alegerile federale din 2025 arat\u0103 c\u0103 forma\u021biunea CDU \/ CSU va c\u00e2\u0219tiga, probabil, alegerile \u0219i se va situa \u00eentre 28 &#8211; 30%, urmat de AfD \u00eentre 20 &#8211; 24%, SPD \u00een jur de 15% \u0219i Verzii \u00een jur de 12-13%. At\u00e2t FDP, c\u00e2t \u0219i Partidul St\u00e2ngii \u0219i BSW se tem, probabil, pentru \u0219ansele lor de a intra \u00een Bundestag. Prognozele arat\u0103 c\u0103 nu vor juca un rol \u00een formarea unui guvern.<\/p>\n<p>\u00cen cazul unei victorii electorale a CDU\/CSU, DAX-ul are, \u00een mod istoric, tendin\u021ba de a reac\u021biona pozitiv dup\u0103 alegeri \u00een care conservatorii c\u00e2\u0219tig\u0103, deoarece ace\u0219tia sunt adesea asocia\u021bi cu condi\u021bii economice stabile. Un guvern condus de CDU\/CSU ar putea veni cu reduceri de taxe, mai pu\u021bin\u0103 birocra\u021bie \u0219i investi\u021bii \u00een infrastructur\u0103 \u0219i tehnologie, ceea ce ar putea fi pozitiv pentru pia\u021b\u0103 pe termen lung.<\/p>\n<h2>Principalele motive de \u00eengrijorare ale investitorilor<\/h2>\n<p>Cu toate acestea, dou\u0103 aspecte s-ar putea pozi\u021biona \u00eempotriva unei reac\u021bii ini\u021bial pozitive, potrivit anali\u0219tilor XTB:<\/p>\n<p>    1. DAX a crescut deja brusc \u00een perioada premerg\u0103toare alegerilor, ceea ce spore\u0219te probabilitatea unui regres al pre\u021bului pe termen scurt.<\/p>\n<p>    2. O prezen\u021b\u0103 puternic\u0103 a AfD, care ar face posibil\u0103 doar formarea unei majorit\u0103\u021bi guvernamentale de c\u0103tre CDU cu SPD \u0219i Verzii, ar crea incertitudine politic\u0103 \u0219i, \u00een combina\u021bie cu c\u00e2\u0219tigurile puternice din trecutul recent ale DAX, ar favoriza preluarea profiturilor.<\/p>\n<div><picture loading=\"lazy\" width=\"1400\" height=\"635\" alt=\"image\"><source type=\"image\/webp\"  media=\"(min-width: 1400px)\"><source type=\"image\/webp\"  media=\"(min-width: 1000px)\"><source type=\"image\/webp\"  media=\"(min-width: 700px)\"><source type=\"image\/png\"  media=\"(min-width: 1400px)\"><source type=\"image\/png\"  media=\"(min-width: 1000px)\"><source type=\"image\/png\"  media=\"(min-width: 700px)\"><img decoding=\"async\" src=\"https:\/\/cdn.adh.reperio.news\/image-d\/dd13f53d-5779-45bd-87ec-29949f2a53a4\/index.png?p=a%3D1%26co%3D1.05%26w%3D700%26h%3D635%26r%3Dcontain%26f%3Dwebp\" alt=\"image\" width=\"1400\" height=\"635\" loading=\"lazy\"><\/picture>\n\t\t\t<\/div>\n<p>Friedrich Merz, candidat la func\u021bia de cancelar al CDU, a exclus categoric o coali\u021bie cu AfD.<\/p>\n<p>\u00cen ceea ce prive\u0219te ac\u021biunile, accentul se va pune, probabil, pe Rheinmetall (simbol bursier: RHM.DE), care a crescut, de asemenea, brusc \u00een ultima perioad\u0103, deoarece cheltuielile pentru ap\u0103rare ar putea continua s\u0103 creasc\u0103 sub un guvern CDU\/CSU. \u00cen aceste condi\u021bii, \u00eentrebarea care apare ini\u021bial \u00een acest context ar fi: de unde ar proveni banii? <\/p>\n<p>La conferin\u021ba de securitate de la Munchen, pre\u0219edintele Comisiei Europene, Ursula von der Leyen, a evocat chiar posibilitatea unei datorii mai mari pentru statele membre UE, \u00eens\u0103 ar fi nevoie de o majoritate de dou\u0103 treimi pentru a ridica fr\u00e2na de \u00eendatorare \u00eenscris\u0103 \u00een Constitu\u021bia german\u0103. Acest lucru nu ar fi posibil cu un AfD puternic \u0219i un FDP care ar putea intra \u00een Bundestag. \u00cen consecin\u021b\u0103, ac\u021biunile Rheinmetall ar putea \u00eenregistra o corec\u021bie semnificativ\u0103 a pre\u021bului, subliniaz\u0103 anali\u0219tii XTB.<\/p>\n<div><picture loading=\"lazy\" width=\"1400\" height=\"632\" alt=\"image\"><source type=\"image\/webp\"  media=\"(min-width: 1400px)\"><source type=\"image\/webp\"  media=\"(min-width: 1000px)\"><source type=\"image\/webp\"  media=\"(min-width: 700px)\"><source type=\"image\/png\"  media=\"(min-width: 1400px)\"><source type=\"image\/png\"  media=\"(min-width: 1000px)\"><source type=\"image\/png\"  media=\"(min-width: 700px)\"><img decoding=\"async\" src=\"https:\/\/cdn.adh.reperio.news\/image-e\/e69d9aba-9661-41ef-8fc6-7de2bb741502\/index.png?p=a%3D1%26co%3D1.05%26w%3D700%26h%3D632%26r%3Dcontain%26f%3Dwebp\" alt=\"image\" width=\"1400\" height=\"632\" loading=\"lazy\"><\/picture>\n\t\t\t<\/div>\n<p>Siemens (simbol bursier: SIE) ar putea fi, de asemenea, o ac\u021biune interesant\u0103 pentru investitori: compania este activ\u0103 \u00een diverse sectoare, inclusiv infrastructur\u0103 \u0219i automatizare industrial\u0103. Un guvern axat pe investi\u021biile \u00een infrastructur\u0103 ar putea fi benefic pentru Siemens. De asemenea, beneficiaz\u0103 de proiecte interna\u021bionale, iar un guvern stabil ar putea facilita afacerile interna\u021bionale.<\/p>\n<p>\u00cen prezent este foarte dificil s\u0103 se contureze o reac\u021bie a DAX, dar \u0219i a ac\u021biunilor individuale, \u00een vederea viitoarelor alegeri federale. Multe vor depinde probabil de performan\u021ba AfD \u0219i, eventual, de intrarea FDP \u00een Bundestag, mai subliniaz\u0103 anali\u0219tii XTB. <\/p>\n<p>Pe baza ac\u021biunii pre\u021bului recent \u0219i a cre\u0219terii puternice a pre\u021bului DAX, anali\u0219tii \u00eenclin\u0103, ini\u021bial, spre un regres puternic, de\u0219i durabilitatea unui astfel de regres ar fi oarecum discutabil\u0103, av\u00e2nd \u00een vedere c\u0103 influen\u021bele politice pe pie\u021bele bursiere, de obicei, nu dureaz\u0103 mult. <\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/adevarul.ro\/economie\/alegerile-din-germania-starnesc-ingrijorare-in-2423643.html\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alegerile parlamentare de duminic\u0103 din Germania st\u00e2rnesc \u00eengrijorare \u00een r\u00e2ndul investitorilor, care se \u00eentreab\u0103 cum vor evolua principalii indici \u0219i ac\u021biuni, \u00een func\u021bie de forma\u021biunile [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-2278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-popular"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/info-eforie.ro\/index.php\/wp-json\/wp\/v2\/posts\/2278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/info-eforie.ro\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/info-eforie.ro\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/info-eforie.ro\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/info-eforie.ro\/index.php\/wp-json\/wp\/v2\/comments?post=2278"}],"version-history":[{"count":0,"href":"https:\/\/info-eforie.ro\/index.php\/wp-json\/wp\/v2\/posts\/2278\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/info-eforie.ro\/index.php\/wp-json\/wp\/v2\/media\/2279"}],"wp:attachment":[{"href":"https:\/\/info-eforie.ro\/index.php\/wp-json\/wp\/v2\/media?parent=2278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/info-eforie.ro\/index.php\/wp-json\/wp\/v2\/categories?post=2278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/info-eforie.ro\/index.php\/wp-json\/wp\/v2\/tags?post=2278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}