The impact of the victory of the far-right forces in the German state elections on the euro is not significant, according to ING. However, this does not mean that the euro will not be affected by European politics in the long term. Analyst Francesco Pesole said in a report that after the far-right Alternative for Germany (AfD) won the Thuringia state election on Sunday, various parties took action to prevent the party from taking power, which reassured investors. However, the ruling coalition in Germany seems to be increasingly weak, and the future of European politics may harm the euro, especially during the autumn EU budget season.
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The impact of the victory of the far-right forces in the German state elections on the euro is not significant, according to ING. However, this does not mean that the euro will not be affected by European politics in the long term. Analyst Francesco Pesole said in a report that after the far-right Alternative for Germany (AfD) won the Thuringia state election on Sunday, various parties took action to prevent the party from taking power, which reassured investors. However, the ruling coalition in Germany seems to be increasingly weak, and the future of European politics may harm the euro, especially during the autumn EU budget season.