Wednesday 21 February 2018

Outcome of German election 'will not change euro policy'

Sarah McCabe

Sarah McCabe

GERMANY'S European policies will not change regardless of the outcome of federal elections there on Sunday, the country's ambassador to Ireland has said.

That is despite a new poll released yesterday showing a new euro-sceptic party is on the brink of entering the German parliament for the first time, casting doubt on the future of current Chancellor Angela Merkel's (right) eurozone policy.

"There will be continuity in our approach, because it is sensible," said Ambassador Lubkemeier, speaking in Dublin yesterday.

"All parties who could conceivably make it into the next government back the euro and European integration."

Ms Merkel still looks set to secure a third term in Sunday's general election.

But the Alternative for Germany party (AfD), which has risen on a tide of public hostility to the bailouts of indebted eurozone countries, could further fragment the lower house, forcing her into a right-left 'grand coalition'.

A breakthrough for the party, which advocates forcing weaker members out of the single- currency area, would send shock waves around Europe and could spook financial markets, even though its voice in parliament would be small.

Germany's finance minister Wolfgang Schaeuble has attacked the AfD, saying its anti-euro argument "has no credibility and is extremely dangerous for our prosperity". (Additional reporting by Reuters)

Irish Independent

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