|

AfD Might Win Two German State Elections, Saxony and Brandenburg, on September 1

State elections in the German states of Brandenburg and Saxony are on September 1. AfD could win both of them.

The anti-immigration, anti-euro AfD party took the lead in Brandenburg in three of the last five polls in Brandenburg and is within striking distance in Saxony.

Brandenburg Polls

Saxony Polls

CDU pulled ahead in the tow most recent polls but with so many parties in play, the results are within the margin of error of an AfD win.

The Local asks Could the far-right AfD really win in upcoming German state elections?

All eyes are on eastern Germany as elections take place in Saxony and Brandenburg on Sunday, September 1st.

And, for the first time in German history, the Alternative for Germany (AfD) could win in state elections – and make it extremely difficult for the established parties to form a government.

The elections will also send shockwaves to Berlin where the so-called grand coalition between Angela Merkel’s Christian Democrats (CDU/CSU) and the centre-left Social Democrats (SPD) is already on shaky grounds.

Brandenburg's government is currently run by a coalition between the SPD and The Left, who have governed together since 2009, with Dietmar Woidke from the Social Democrats as state premier.

Parties have said they will not work with the AfD, so after the vote they will be scrambling around to try and form a coalition that would stop the group from coming to power.

The AfD in Brandenburg is making waves over their use of campaign posters – not for the first time. For this election, the slogan is "Wende 2.0". Wende (turnaround) describes the period of political change when the Berlin Wall fell and Germany was reunified. Many have slammed the party for appropriating German history for their own gain.

With slogans such as "Vollende die Wende" (complete the turnaround), the party is implying that if voters opt for them, they can finish the work of those who led the Peaceful Revolution.

The AfD has also been slammed for displaying former SPD Chancellor Willy Brandt on its electoral campaign posters.

The posters show Brandt captioned with his quote: "Dare to be more democratic!" Underneath the caption is the AfD's logo alongside "Vote for the AfD!" and "We're writing history!"

Choking on More Europe

Even Germany is choking on more Europe.

It't going to take a strange coalition to form a majority after the next election.

Author

Mike “Mish” Shedlock's

Mike “Mish” Shedlock's

Sitka Pacific Capital Management,Llc

More from Mike “Mish” Shedlock's
Share:

Editor's Picks

EUR/USD recedes to daily lows near 1.1850

EUR/USD keeps its bearish momentum well in place, slipping back to the area of 1.1850 to hit daily lows on Monday. The pair’s continuation of the leg lower comes amid decent gains in the US Dollar in a context of scarce volatility and thin trade conditions due to the inactivity in the US markets.

GBP/USD resumes the downtrend, back to the low-1.3600s

GBP/USD rapidly leaves behind Friday’s decent advance, refocusing on the downside and retreating to the 1.3630 region at the beginning of the week. In the meantime, the British Pound is expected to remain under the microscope ahead of the release of the key UK labour market report on Tuesday.

Gold corrects lower, tries to stabilize above $5,000

Gold started the week under bearish pressure and declined to the $4,960 area before staging a modest rebound. As trading volumes remain thin with the US financial markets remaining closed on Presidents' Day holiday, XAU/USD looks to stabilize above $5,000 ahead of this week's key data releases.

Bitcoin consolidates as on-chain data show mixed signals

Bitcoin price has consolidated between $65,700 and $72,000 over the past nine days, with no clear directional bias. US-listed spot ETFs recorded a $359.91 million weekly outflow, marking the fourth consecutive week of withdrawals.

The week ahead: Key inflation readings and why the AI trade could be overdone

It is likely to be a quiet start to the week, with US markets closed on Monday for Presidents Day. European markets are higher across the board and gold is clinging to the $5,000 level after the tamer than expected CPI report in the US reduced haven flows to precious metals.

Monero Price Forecast: XMR risks a drop below $300 under mounting bearish pressure

Monero (XMR) starts the week under pressure, recording a 4% decline at press time on Monday after a 7% drop the previous day, putting the $300 support zone in focus.