UBS forecasts a 96% chance that the CDU/CSU will secure a majority in the upcoming German elections, with a 93% likelihood of Friedrich Merz becoming Chancellor. However, concerns arise over the potential underestimation of the far-right AfD's influence, which, alongside the far-left BSW, could challenge constitutional changes if they gain over one-third of parliamentary seats. The election results could significantly impact Germany's policies, particularly on immigration and defense spending.