mr. wulff has become embroiled in a scandal over favors that he allegedly received before becoming head of state. we can show you the scene. that's the podium where we expect mr. wulff to come out any minute now to deliver his statement, which we do expect to be one of resignation. he's doing any wrongdoing, but he is under pressure, not least because the public prosecutor in germany has been calling for a lifting of his immunity to face certain charges and allegations against him. chancellor merkel herself has delayed her plans to go to move. she's due to meet mario monti there. she will also be making a statement after the president. with me here in the studio is our berlin correspondent, stephen evans. you know better than anyone, this has been, in some respects, a long time coming. it's been building a head of steam. >> yes, and as ever with these things, it's the coverup which does the damage. the allegation was that he took a holiday with a friend, it was paid for by the friend, he was th

her chances of elections next year in germany bearing in mind she was the person that advocated mr. wulff to become the german president in the first place. the german politics are front and center today as they have been most of the week except today it's internal as opposed to how the politics may impact the eurozone. stocks are higher right now ahead of the u.s. open. back to you. >> ross, does that mean that this could potentially keep us from getting some sort of a deal with greece over the weekend? the market begs a lot of that into the cake yesterday. if this means that we don't have a deal by monday on greece, is that something that could happen because of the german internal politics? >> well, bear in mind that this week what we've seen is an escalation in the politics of the crisis with the greek president telling the german finance minister not to be so aggressive and keep his nose out of internal affairs and it's been mario monti, of course, who has been trying to smooth things down and say we're all europeans and we all need to work together so i think the meeting was going t