Germany’s booming economy paves the way for another Merkel victory

With the German elections now barely a month away, the Bundesrepublik remains beset by worries about terrorism and immigration. Yet, just like the river in the song, the German economic juggernaut just keeps rolling along. The latest GDP figures are even better than expected – 0.6 per cent growth in the second quarter – the best year on year rate since 2014, and the twelfth consecutive quarter in which the German economy has grown. Other Eurozone countries have reported healthy figures, too. France grew by 0.5 per cent, and Spain reported a rise of 0.9 per cent – its strongest result for three years (the British economy grew by 0.3 per cent in the same period). The Eurozone may be ‘a German racket designed to take over the whole of Europe’ (as Nicholas Ridley predicted in The Spectator all those years ago) but so long as Germany keeps on growing, the economies of its neighbours will grow with it.