Far-right German Leader After Election Surge: Jews Have Nothing to Fear

Far-right German Leader After Election Surge: Jews Have Nothing to Fear

Far-right German Leader After Election Surge: Jews Have Nothing to Fear

The German chancellor will now begin forming a new coalition, which will be a challenge given the loss of her coalition partner the Social Democrats. Their manifestation in a country that successfully effaced its Nazi past makes it incumbent upon the two main parties, Christian Democrats (CDU) and Social Democrats (SPD), to energetically tackle the reasons for their diminished vote shares. SPD leader Martin Schulz distinguished himself from Chancellor Angela Merkel with one idea, namely fairer income distribution, and the voters shunned him.

The liberal FDP, one of Merkel's likely coalition partners, is a staunch opponent of further fiscal integration in the eurozone, and it sees the finance ministry as the biggest prize up for grabs in upcoming coalition talks.

Final results released shortly before 4 am yesterday showed Merkel's Christian Democratic Union and their Bavaria-only allies, the Christian Social Union, winning 33 percent of the vote - down from 41.5 percent four years ago.

Often referred to as the new leader of the free world, Merkel believes the drop in support was inevitable after 12 years in power.

BTMU FX Strategy Research notes that the Euro has weakened during the last trading sessions following the more unfavorable result of German elections.

For the AfD, the election has given much reason for celebration as the party has gained the third position.

Merkel huddled with her conservative deputies in the Bundestag lower house, where their CDU/CSU group saw its seats axed to 246 from 309 following its worst poll showing in seven decades.

The European Jewish Congress expressed alarm at the AfD's success, adding: "We trust that centrist parties in the Bundestag will ensure that the AfD has no representation in the coming governing coalition".

The results of the German federal election this weekend were at once unsurprising and worrisome.

She has said she believes a coalition will be agreed by Christmas. "We will hunt them down", he said while speaking in a Berlin nightclub.

Leaders of the nationalist and anti-migrant Alternative for Germany say they're not concerned that its newly-departed figurehead Frauke Petry might form a new party.

On his Facebook page, Mr Tharman said although Chancellor Angela Merkel, whose conservative bloc emerged victorious, will lead the country, the election results are a major setback "for her, for Germany, and for the politics of moderation".

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