Germany’s upcoming election spark debate as the far-right AfD proposes exiting the euro, reviving the Deutsche Mark, and easing crypto regulations.
As Germany gets ready for parliamentary elections, political groups are sharing their plans for the economy, which is influencing talks about the country’s financial future. These ideas, about currency policy and cryptocurrency rules, are causing national discussion.
AfD Wants to Leave the Euro and Use Gold as Money
The far-right Alternative for Germany (AfD) party wants to leave the euro and bring back the Deutsche Mark, supported by gold reserves. They suggest bringing Germany’s gold stored in other countries back home, which goes against the strong support from the people and businesses for the euro.
Rules about Cryptocurrency and Cash Rights
The AfD wants to relax rules about Bitcoin but is against the European Central Bank’s digital euro plan. They recommend making cash payments a constitutional right, which is different from what major parties are doing as they focus on financial rules, tax matters, and market security.
The AfD party is polling between 20% and 22% ahead of the February 23 election, showing that their influence is increasing. However, other major parties are still not ready to team up with them.
This might make it harder for them to use their cryptocurrency and manage their money plans. As Germany discusses these economic issues, the effects of possible changes are a key concern for both the markets and the public.
