Commercial lawyers have given a mixed response to the narrow re-election of German chancellor Gerhard Schroeder, despite fears that the returning coalition Government will be unable to push through fresh economic reforms in continental Europe’s largest legal market.
Confirmation on Monday (23 September) that the left-of-centre Social Democrats (SPD) had scraped a narrow victory after a late surge for its coalition Green partner has allayed concerns that Schroeder’s set-piece reforms to corporate tax would be repealed.
