The new leadership will struggle to re-imagine Germany and the EU's role in the changing geopolitics. Based on the manifestoes, debates and campaign speeches, there is little to indicate that the Chancellor candidates will move beyond Merkelism in this domain.
|Possible coalition alliances:|
|SDP + Greens + FDP||If SDP maintains its current lead, Olaf Scholz will be invited to form the government and this coalition will be possible. This group might be the most prudent in backing a looser budget policy and a common debt mechanism (fiscal policy) at the EU level.|
|CDU + Greens + FDP||If CDU leader Laschet manages an electoral turnaround, this alliance will be on the cards. A similar mechanism was tried in 2017 but failed when FDP pulled out. This time around the Greens might be less willing to sign up. The main conflict will be b/w reimposition of 'debt brake' that conservatives want with Greens demand of 10-year investment program|
|SPD + Greens + Left parties||Possible if FDP refuses to join SPD + Greens but is full of contradictions and not favourable for business and investment reforms.|
|Grand coalition (CDU and SPD) with Greens||The current Grand coalition b/w CDU and SPD has created discontent on both sides. Less preferred option|
|Grand coalition with FDP||Last resort as FDP has been a critic of previous Grand coalitions.|