then we have an outside candidate, jens spahn. he's a well-known figure on the political scene, but he is not likely to make it to the end round of the vote. so these are the three main candidates what's happening today here is that we have a first vote, if there will be one candidate gaining the absolute majority in that first round, then we already have a result. but if not, there will be a second vote. results, final results most likely will be out around 5:00 cet. >> very big day for the cdu. and for people who have not been watching the intricacies of german politics, the bigger question for investors is what this ultimately means for the grand coalition. is there going to be a difference in behavior, whether we get akk there or merz there in terms of how they deal with their spd counterparts >> it's widely expected that the spd will not be happy with a grand coalition if merz is the marty leader having said that, there's also a counter argument two those thinking that the grand coalition would dissolve as soon as next year t