The Presidential Daily Brief

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  1. Outcome Uncertain as Germans Prepare for Sunday’s Election

    Voters in the financial bedrock of the European Union will head to the voting booth on Sunday, and with just two days to go the election looks too close to call. The surprisingly weak performance of the Free Democrats (FDP), German Chancellor Angela Merkel’s Christian Democrats (CDU)’s coalition partner, has thrown parliamentary calculations out of whack, and right now it looks very possible that neither a center-right nor a center-left coalition would be able to form a government. That would likely force the CDU-led coalition into a “grand coalition” with its rival coalition headed by the Social Democrats (SDP) — a result that could take time to solidify, leaving the rest of the continent in limbo awaiting Berlin’s leadership on key reforms to help the malaise-ridden Eurozone.

    Sources: The Economist, NYT

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