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85GEOPOLITICS

Germany's far-right AfD party wins largest share of vote in Saxony-Anhalt state election

⚡ Markets: Signals rising political fragmentation and populism in Europe's largest economy, a long-term negative for EUR sentiment and a potential headwind for EU integration projects.EURUSDDAX

The Alternative for Germany (AfD) party secured approximately 44% of the vote in the eastern state of Saxony-Anhalt, its best-ever result in a state election. While it is the largest party, it fell short of an absolute majority, making it unclear if it can form a government as other parties have ruled out coalitions.

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