The zeitgeist right now is instability, where the classical political constellations that we used to rely on are no longer there.

There's a risk that the conservatives could signal a scaling-down of reform ambitions in various areas.

Coalition members are increasingly aware of the need for fiscal consolidation. However, key measures to bring the budget deficit back towards a more sustainable path have not yet been implemented so far.

This means that the German election outcome will be the most important in decades not just for Germany but for Europe as a whole.

He is charismatic, as well as being pragmatic and is willing to compromise. He could become a figure of integration in his new role.