http://www.flysas.com/en/EuroBonus/S...nce/Lufthansa/
FRA-MUC in LH biz: 600 EB points, MUC-MAD in LH biz: 2000 (or less?) EB points,
would give the OP maximum 5200 EB points. So *he has to get (at least?) 800 points LLA-FRA-LLA. My vote is still on LX J-fares as the cheapest way.
http://www.flysas.com/en/EuroBonus/S...lliance/SWISS/