Nagel Warns Far-Right Parties Pose Economic Threat to Germany

European Central Bank (ECB) President Joachim Nagel expressed concerns about the rise of far-right parties in Germany, specifically citing Alternative for Germany. Speaking at a monetary policy press conference in Berlin on September 11th, 2026, Nagel stated that he is worried about the economic implications of these parties' ideologies.

Nagel emphasized that some concepts promoted by far-right parties are self-defeating and could harm the country's economy. He noted that such ideas would not attract foreign investors to Germany, which could have negative consequences for the country's growth and development.