• Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
Close Search
00
GBAF LogoGBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
GBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on January 28, 2025

    Featured image for article about Headlines

    BERLIN (Reuters) - Support for Germany's conservative bloc fell by three points in the days after its chancellor candidate said he would push through a migration crackdown with the backing of the far right, in a survey published four weeks before a federal election.

    Trying to seize the initiative on asylum policy after an Afghan asylum seeker was arrested for a deadly knife attack targeting children last week, opposition leader Friedrich Merz vowed to close German land borders to irregular migration.

    He also outlined plans to allow the federal police to request arrest warrants for people they apprehend who do not have the legal right to remain in Germany. Social Democrat (SPD) Chancellor Olaf Scholz and the Greens oppose the plans.

    It is a gambit for Merz, the favourite to be Germany's next chancellor who has shifted his party's stance on migration to the right, as critics argue it breaks a taboo of working with the nativist Alternative for Germany (AfD), polling second.

    Although Merz's conservatives are still poised to win most votes in the Feb. 23 election, in a Forsa poll on Tuesday their support had fallen three points to 28% from the middle of last week to Jan. 27.

    Scholz's Social Democrats (SPD) gained two points to 17% as did the far-right AfD, at 21%.

    Although some conservatives have signalled displeasure at Merz's plans, senior party member Thorsten Frei defended the move.

    "We are at a point where we have to depart from tactical considerations. We have to do things that have to be done," he told reporters.

    Scholz has already accused Merz of breaking the taboo on cooperating with the AfD, which is monitored by security services on suspicion of being right-wing extremist and has won the backing of U.S. billionaire Elon Musk.

    Previously, the conservatives have only worked with the AfD at a regional and local level.

    Stefan Marschall, political scientist at the University of Duesseldorf, said the strategy was for Merz to leave as little space as possible to the right for the AfD on the issues of migration and asylum.

    "The risk was that the migration debate could turn into a debate about the firewall - and so it has," he said, adding that it gave the other parties ammunition to cast doubt on Merz's credibility and reliability.

    As recently as November, Merz suggested to mainstream parties that no proposals would be put to the Bundestag lower house of parliament which needed the support of the AfD to be passed.

    "Friedrich Merz is simply breaking his word," said senior Greens lawmaker Katharina Droege.

    (Reporting by Andreas Rinke, Holger Hansen, Sarah Marsh, Writing by Madeline Chambers, editing by Ed Osmond)

    Recommended for you

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe