Merkel seeks ‘stable’ coalition after German vote

The reason why the coalition talks are of such concern to investors is that through failing to win a majority, Angela Merkel has now opened the door to the far right Free Democratic Party or FDP party.

AfD won entrance to parliament for the first time after a campaign that centred on harsh criticism of Mrs Merkel and the migrant influx.

Top AfD candidate, Alexander Gauland, reacted immediately to the news of their surge in votes.

The chancellor and his conservative party have won the parliamentary elections this Sunday.

Merkel claimed responsibility for the emergence of AfD but vowed to not allow the party to have any influence.

According to experts, the decline is limited by what is still a strong European economy, but they warn the euro could see more wobbles until a government coalition is secured.

On Monday the chancellor said she had wished for a better result in general. “I thought this campaign through well”.

“We have a mandate to form a new government, and no government can be formed against us”, Merkel told cheering supporters.

Voters deserted her center-right CDU party and its coalition partners, the social democratic SPD, in favor of the far-right Alternative for Germany (AfD) and other smaller parties.

If the FDP becomes a coalition partner, it will be hard for Merkel to realize such a move, said Darvas.

Lagodinsky told JTA that the rise of the AfD was lamentable and yet not a surprise, given public discontent on economic and political levels. On Sunday, Schulz called the election a “bitter day” and pledged to lead his party into opposition.

“I’ve voted for the CDU for the last 40 years, and this was the first time I voted for a different party”, said Jens Hamburger, a 72-year-old retiree. This is a turning-point.

“The fact that we took in more than 1 million refugees in our country is still dividing in our country. what for some has been an act of humanity and charity is to others menacing, odd and filled with fear”.

“What for some has been an act of humanity and charity is to others menacing, odd and filled with fear”.

The president recalling his past interactions with Merkel over the years, attested to her commitment to building stronger ties across the world. The former Goldman Sachs banker was quoted as comparing Merkel’s government to “pigs” for allowing almost 1 million migrants and refugees ― many of them fleeing war-torn nations in the Middle East ― into the country.