Implode-o-Meter News - Germany's Ukip threatens to paralyse eurozone rescue efforts

[S&P] said AfD's sudden surge has become a credit headache for the whole eurozone, forcing Chancellor Angela Merkel to take a tougher line in European politics and risking an entirely new phase of the crisis. "Until recently, no openly Eurosceptic party in Germany has been able to galvanise opponents of European 'bail-outs'. But this comfortable position now appears to have come to an end," it said.
The report warned that AfD has upset the chemistry of German politics, implying even greater resistance to any loosening of EMU fiscal rules. It raises the political bar yet further for serious QE, and therefore makes the tool less usable. ... Mrs Merkel has a threat akin to Ukip on her right flank, and can no longer pivot in the centre ground of German politics. AfD has almost destroyed the centre-Right Free Democrats (FDP), and is also eating into the far-Left of the Linke party.
The new movement calls for an "orderly break-up" of monetary union, either by dividing the euro into smaller blocs or by returning to national currencies

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Germany's Ukip threatens to paralyse eurozone rescue efforts