German minister expresses post-vote turmoil jitters

German Finance Minister Wolfgang Schaeuble, one of Europe’s most powerful officials, says he feared a messy stalemate in the US presidential election.

Schaeuble’s comments come amid repeated warnings by Republican contender Donald Trump that a victory by Democrat Hillary Clinton would be rigged, illegitimate and only due to the backing of a liberal media establishment.

“(We) hope that it will be an election result which is accepted by everyone and that we do not possibly get a delayed stalemate,” Schaeuble says as he arrived for talks with his eurozone counterparts in Brussels.

“(Let us) believe in the rationality of democracy,” Schaeuble adds when asked if he was expecting turmoil in the markets after Tuesday’s election.

“I suppose that the financial markets have already priced in every conceivable election result in the United States,” he adds.

“But let’s wait and see what the Americans are going to vote for,” he says.

— AP

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