Carsten Brzeski, Chief Economist at ING Germany, offers his thoughts on the German political environment, especially after the Merkel coalition received a fresh blow on a regional election defeat in the western state of Hesse on Sunday. Key Quotes: “Two weeks after the Bavarian elections, voters in the state Hesse confirmed the ongoing process of political defragmentation and a transition to a post-Merkel era – making German national politics even more complicated While the CDU had its worst result in the state in more than 50 years, the SPD recorded its worst result since World War II. Implications for German national politics: Defragmentation of political landscape continues. Grand coalition in Berlin won’t collapse (imminently). The end of the Merkel-era comes closer.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/JPY: recovery rally stalled at 200-hour MA hurdle FX Street 4 years Carsten Brzeski, Chief Economist at ING Germany, offers his thoughts on the German political environment, especially after the Merkel coalition received a fresh blow on a regional election defeat in the western state of Hesse on Sunday. Key Quotes: "Two weeks after the Bavarian elections, voters in the state Hesse confirmed the ongoing process of political defragmentation and a transition to a post-Merkel era - making German national politics even more complicated While the CDU had its worst result in the state in more than 50 years, the SPD recorded its worst result since World War II. Implications… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.