The beneficiary was the AfD—the right-wing, promarket party that had first come into existence in April 2013 to protest against Berlin’s endless concessions in the eurozone crisis. As Schäuble would snark, the AfD’s rise was 50 percent down to Draghi; the other half, presumably, was down to his boss and her liberal posturing over the Syrians.81 Schäuble was no xenophobe. The historic stakes were high. What Merkel was jeopardizing with her dithering concessions was the historic mission of the CDU: to tame German nationalism and to bind it to Europe.
