The potential now exists for the establishment of a new broad left formation. Not to forget, last summer 100.000s protested all over germany (in about 200 towns and cities) each monday (for about 2 month) against welfare cuts planned by the schröder government and even against capitalism. By the way, unemployment rate e.g. in Berlin is now at about 25%. Though no country on the world produces and exports more goods than Germany, capitalism in Germany is in a deep crisis as it can´t solve the big problems of this country anymore.
Reports coming from Germany suggest that the German establishment now may be scapegoating the EU and the Euro for their economic ills.
The BBC has reported that a political storm has broken out in Germany over reports that the government may be distancing itself from the European single currency.
Stern magazine said that Finance Minister Hans Eichel had been present at a meeting where the "collapse" of monetary union was discussed.
The government is planning to blame the euro for Germany's economic weakness, the magazine added.
The report was dismissed by both the ministry and Germany's central bank.
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Following the disasterous results for the SPD (Social democrats) in regional elections the German government now faces a vote of confidence on July 1st that will likely lead to a General Election.
At the same time the WASG (Work and Social Justice- the Electoral Alternative), the new left party in Germany, stood in the North Rhine Westphalia elections for the first time and scored 2.2%, around 181,000 votes. Significantly, the WSAG scored 9% amongst the unemployed to become the third largest party amongst this part of the population.
Oskar Lafontaine, the former finance minister under the first term Schröder government, who resigned because he was in disagreement with the SPD's neo-liberal and hardcore-capitalistic policies, has finally sent back his SPD membership card and announced that he would be ready to stand on a ticket of an alliance which involves the WASG and the PDS (former SED, the communist party of former eastern germany).
According to the latest opinion polls, a left formation which involved Oskar Lafontaine would have the potential to win up to 18% of the vote, which underlines, once again, the desire for a genuine left force amongst a decisive section of the German working class.
Lafontaine's announcement poses big opportunities but also dangers. Understandably, there is a wish to achieve maximum unity amongst the left and opponents of neo-liberalism, to get the left elected into the Bundestag (parliament) in September and to strike a decisive blow against the establishment.
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