German Euro Foes to Found Party in Merkel Election Challenge

German economists and former politicians plan to start up an anti-euro party that challenges Chancellor Angela Merkel’s support for euro-area financial bailouts in the country’s Sept. 22 election.

The party, to be called “Alternative for Germany,” will hold its inaugural event in April, Joachim Starbatty, a University of Tuebingen economist who backs the initiative, said in a telephone interview today.