Merkel's populist challenge

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Angela Merkel is facing a new challenge to her leadership after the anti-immigration Alternative for Germany dealt her party a stinging blow in a regional election on Sunday. What threat does the success of the populist party pose for German stability and for Merkel's chance of remaining as chancellor? Gideon Rachman puts the question to Stefan Wagstyl, the FT's Berlin bureau chief and Fred Studemann, comment editor.