Economist warns AfD win in Saxony-Anhalt could drive out people and firms

German economist Marcel Fratzscher warns that the AfD's state election victory in Saxony-Anhalt could accelerate the departure of people and businesses, urging the federal government to implement major reforms. Fratzscher calls the result a vote of no confidence in the federal government, demanding structural changes in subsidies, bureaucracy, taxes, and social systems. He warns that failure to reform could make an AfD absolute majority in the 2029 federal election more likely. The AfD won over 44 percent of the vote, according to initial projections. Fratzscher fears the outcome will have only losers, regardless of whether the CDU or AfD leads the next state government.