Bernd Lucke, who had quit the anti-euro Alternative for Germany (AfD) he led over what he described as the group's increasingly xenophobic views, on Sunday founded a new eurosceptic party.

The economics professor, aged 55, was elected president of the new group called Alliance for Progress and Renewal (ALFA) at a founding congress which gathered 70 people in central Germany's Kassel.

The neo-liberal Lucke had been locked in a power struggle with Frauke Petry, who heads a national conservative faction, at his former party and was ousted from his leading role in early July.

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