The SPD’s new left-wing leadership could prove just the jolt Germany needs

Press quote (The New Statesman)
Christian Odendahl
01 December 2019

As the economist Christian Odendahl puts it, Esken and NoWaBo are by international comparison about as hard-left as the IMF, in that they want more of Germany’s vast surplus to be spent on wide-eyed priorities like school, digital and rail improvements. Their proposed minimum wage increase to €12 an hour, below the level currently being proposed in Britain by renowned hardline socialist Boris Johnson, would inject some much-needed demand into the slowing eurozone economy.