“Some 3.3 million citizens in Saxony and about 2 million citizens in Brandenburg are eligible to vote in the two state elections on Sunday,” notes ING Germany’s chief economist Carsten Brzeski. Key quotes “While this is only some 8 percent of the total German electorate, the two elections have the potential to create new troubles and tensions for the federal government. The elections could also be a painful reminder that almost exactly 30 years after the fall of the Berlin Wall, the country is again divided, at least when it comes to political preferences.” “Politically, both Brandenburg and Saxony are important for the parties of the federal government, CDU and SPD. While Brandenburg has been governed by the SPD since reunification, Saxony has always had a minister-president from the CDU. This year, however, these almost natural roles as governing parties have come under severe pressure, due to the rise of the AfD. However, the results from the European elections in May suggest that the AfD could gain further votes and that both CDU and SPD could lose support.” “According to recent polls, the AfD is in a neck-to-neck race with the CDU to become the biggest party in Saxony, with both parties currently at some 25%. In Brandenburg, SPD, CDU, AfD, Greens and the Left Party are all trading at around 18% of the votes. Even though the share of foreign-born residents is low in both states, the AfD receives support as an anti-immigration party. Also, and probably even more important, the electorate support for the AfD seems to be the result of a broader feeling of being left behind, both economically and socially. To some extent, the rise of the AfD in the Eastern states of Germany can be regarded as a protest against national politics.” 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 Bank of England Governor believes cryptocurrencies can dethrone the U.S. Dollar FX Street 4 years "Some 3.3 million citizens in Saxony and about 2 million citizens in Brandenburg are eligible to vote in the two state elections on Sunday," notes ING Germany's chief economist Carsten Brzeski. Key quotes "While this is only some 8 percent of the total German electorate, the two elections have the potential to create new troubles and tensions for the federal government. The elections could also be a painful reminder that almost exactly 30 years after the fall of the Berlin Wall, the country is again divided, at least when it comes to political preferences." "Politically, both Brandenburg and Saxony are… 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.