Eurozone Should Be Split in Two Says Germany’s AfD Leader

The euro zone should be split into two with a strong cluster around Germany and a weak cluster including France, the co-leader of Germany’s far-right Alternative for Germany (AfD) party, Joerg Meuthen, said in a Reuters interview.

“The euro is a seed of discord in Europe that has different currency cultures and different competitiveness levels,” Meuthen said.

The AfD has climbed to 15 percent in opinion polls ahead of September’s election, but no other party in Germany is willing to form a coalition with it.

Reuters

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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.