The emergence of the far right in Germany has caused concern among business leaders in the country. Initially founded as a pro-business and liberal party in opposition to the single European currency, the Alternative for Germany (AfD) has since transformed into an anti-immigrant and populist party, even considering Germany’s exit from the EU. This shift led to the resignation of key figures like Hans-Olaf Henkel, a former industry association leader. German business leaders, typically reserved in their political views, have openly denounced the AfD in the lead-up to the European Parliament election on June 9th. This growing trend has raised alarms within the business community in Germany.
Source from www.economist.com