September 22nd will be Germany's next (federal) election day. Voters will be called to the polls to vote a new Bundestag, which then after the parliament reconvened, will vote a new chancellor (which sounds more exiting than naming the most likely candidate: Ms Merkel).
Currently there are five parties in parliament: CDU/CSU (Conservatives), FDP (Liberals), SPD (Labor), Green Party and the Left Party (radical socialists)
There are many other parties as well voters can choose from, but German election law only allows parties above a 5% hurdle to enter parliament.
Since April 14th there is yet another new party, which caught some attention by European and even Global observers, maybe just because it is an outspoken critic and opponent of the Euro currency. The party name is "Alternative für Deutschland" or AfD, which is direct reference to the forceful remark used by Ms Merkel since the Spring of 2010, when the first rescue package for Greece 'had' to be proposed by her and decided upon by her cabinet, and all MPs of the coalition. This suggested lack of alternatives in German is 'alternativlos'(engl.: without alternative). A word which even achieved to get elected 'Unwort des Jahres'(ger), a prize for a the ugliest word of the year.
Four reasons for potential success
In order to understand the motives for the establishing yet another party and its chances to attract enough voter support to play a role in politics it's unfortunately necessary to look back to 2010 and some developments after the initial request for aid by Greece. There is however also the necessity to go back in time even further to grasp the full potential for a party located to right of the CDU in the political spectrum.
IMO the AfD not only attracts those parts of the electorate deeply unsatisfied with the euro currency and the growing liabilities for German taxpayers, which is reason number one.
1 own agenda as it is described in their election program (ger)
1a Euro currency, bailout of other states and failure creating the common currency
The obvious and well known main agenda of AfD is to correct the mistakes made concerning the size, structure of the eurozone based also on early analysis by Hans-Olaf Henkel (ger) who proposed already in 2010 to have two currency areas (ger) which are both more suited for survival than the one area with the obvious differences and levels of convergence, which have appeared in recent years threatening the entire structure as well as individual member states. He recently published this piece: Europe’s Procrustean Nightmare on the imbalances in the currency area.
Concerning root causes of eurozone's current troubles AfD's leading economists come to similar conclusions as many other economists do. Also those from outside the euro area and by those generally interested to save the Euro currency.
In fact compared to the often rather crude, unprecise and mostly politically motivated 'analysis' of many other representatives of German political parties, they come much closer to reality then the other group, which is perhaps driven by the fear that exposing the mistakes would lead inevitably to a breakup of the euro area. So the analysis is especially more straight to the point when it comes to describe the differences between the countries in difficulties right now, whereas some also leading members of Merkel's coalition seem to prefer: 'One size fits all'-analysis and perhaps also a similar 'simple' solution.