Eurozone tensions bubble as Merkel storms to victory
Eurozone tensions are simmering as the bloc faces four more years of tough austerity under the leadership of conservative Chancellor Angela Merkel.

Protesters holding posters depicting famous Edvard Munch's painting "The Scream" and reading "My health a business! Vote and shut up" take part in a demonstration against budget cuts and plans to partly privatise medical services in Madrid on September 22, 2013. Photo: AFP/Getty Images
By Denise Roland
7:10PM BST 22 Sep 2013
German exit polls on Sunday evening indicated that Mrs Merkel’s conservative bloc won 42pc of the vote and may be on course to win an historic absolute majority. A projection by broadcaster ARD put Merkel’s conservatives on 42.5pc, just over the combined total for the left parties who together scored 41.6pc.
Mats Persson, director of think tank Open Europe, said the result reflected "a validation of [Merkel's} eurozone policy" and the bloc should expect "more of the same".
Support for the centre-left Social Democrats stood at 26pc, with the environmentalist Greens and far-left party each securing around 8pc of the vote. But Mrs Merkel’s current partners, the Free Democratic Party, risk losing their Bundestag seats as their share teeters on the 5pc threshold.
German voters also displayed rising levels of anti-euro sentiment after a new eurosceptic party, the Alternative for Germany, looked to have come within a whisker of entering parliament, with an exit poll reading of 4.9pc.
Even if Mrs Merkel is forced to form a so-called 'grand coalition’ with her leftist rivals, a major shift from her dogged defence of German interests seems unlikely.
More sausage here:
http://www.telegraph.co.uk/finance/financialcrisis/10326978/Eurozone-tensions-bubble-as-Merkel-storms-to-victory.html