mrs merkel tried but failed to secure a coalition agreement with two other parties, her preferred optioned to get a coalition agreement with herformer she managed to get a coalition agreement with her former partner is the social democrats but before that could go ahead the spd membership had the final say so it has been in everything we can for mrs merkel as 400,000 spd members went to a postal ballot to deliver their verdict on whether they wanted to go back into coalition. it has been a painful topic for the spd and there has been a lot of opposition to the idea of working with mrs merkel again. many social democrats blame for years of her shadow for their terrible election showing in september, any still believe that this coalition could destroy the party. it has been a difficult time. finally this morning it was announced in the last hour that two thirds of spd membership voted in favour of that coalitions were germany has its government, in theory angela merkel should be celebrating but this does not feel like much of a victory. that is for several reasons. the social democrat part

they blame herfor a working with mrs merkel again.ey think she overshadowed their party, and they are really worried about another government with her conservatives. secondly, the public here have somewhat lost their appetite. there is limited enthusiasm for another grand coalition, and that's in part because voters are fed up with the established parties and the political wranglings of the last few months. don't forget of course that angela merkel tried and failed to create a different coalition a few months ago. this has been a very long and very painful process for this country. and then third, angela merkel herself has been profoundly damaged over the last few months, first by delivering a terrible election result for her own conservative party, then herfailure to pull together a coalition with the green party and the ftp, and now taking so long to persuade the social democrats to come to the table and sign an agreement. it has been a very difficult period for the german chancellor. she is now a significantly weakened figure, both

there has been a lot of opposition to the idea of working with mrs merkel again.dow for the terrible election showing back in september. many still believe that this coalition could destroy the party. it has been a very difficult time. finally this morning it was announced in the last hour that two thirds of the spd membership voted in favour of that coalition. germany has got its government. in theory angela merkel should be celebrating but it doesn't feel like much of a victory. that is for several reasons. first of all the social democrat party themselves have really torn themselves apart in this process. they have really slumped in the opinion polls as a result and many fear for the future of the party. secondly there is limited public enthusiasm for this coalition government. that is partially because it has been such a painful process. people have started to lose faith in the two largest and most established german political parties. and then of course there is the chancellor, angela merkel herself. this means that she will serve a fourth term as the german

elections chancellor merkel said she's optimistic it will be a success the deal was signed by mrs merkel's christian democratic union is a very region sister party the christian social union as well as a social democrats you're up to date there is next. on counting the cost in what's been. tried we'll look at how the u.s. is bending the rules of commerce and free trade is really worth fighting for plus the latest mind bending concept cars from the geneva. counting the cost at this time on. the journey to europe starts here in a small bus station off the coast of west africa on the outskirts of town because capital banjul in their backpack they carry some money a change of clothes and perhaps a cell phone everything else they leave behind including.

cain is there at the minute by what sort of margin did the social democrats agree to join mrs merkel in what's known as a grand coalition. martin in a pretty clear margin two thirds to one third the party members have voted what you might say decisively in favor of another grand coalition with angle americal and the point to make is that there isn't really a sense of jubilation amongst the the rank and file or indeed amongst the the leadership here of the social democrats hearing with the prime minister of the minister president of the state of hamburg so he's not got his hands in the air he's not overjoyed at this result this is because this is basically a decision of the head that the social democrats have made rather than the hearts of the people who in conferences up and down the country over the past few months have been saying they don't want another coalition with angela merkel was saying that they feel that being in government with her party is costing this party votes they feel that they have to try to renew their their mission their party's mission but at the moment at leas

mrs merkel has once again been able to use money as a lubricant to build up a coalition a coalition that refuses to set a clear course for the renewal of this country has done this do it because i mean if there's one central idea in this coalition agreement then it's spend money increase the powers of the state decrease free to make this could actually be the title of this coalition. on wednesday the point is tell it will take the final hurdle to forming a government on the america wants to be elected chancellor for the fourth time. their choice is almost certain and then the new government will be up and running at least that's what the chancellor promised. a former member of a nazi ass ass who became no that's the book keeper of auschwitz died at the age of ninety six in twenty fifteen oscar goodman was sentenced to four years in prison for being an accessory to the murder of thousands of people at the auschwitz concentration camp he came to public attention years earlier for his efforts to persuade holocaust deniers the genocide the genocide really did happen really didn't pass person

mrs merkel has once again been able to use money as a brick and to build up a coalition a coalition that refuses to set a clear course for the renewal of this country. do it because i mean if there's one central idea in this code. listen agreement that it's been money increased the powers of the state decrease free to make this could actually be the title of this coalition. on wednesday the bundestag will take the final hurdle to forming a government on the american wants to be elected chancellor for the fourth time. their choice is almost certain and then the new government will be up and running at least that's what the chancellor promised. well politics correspondent chris of a spring gate joins us from d.w. sa parliament the you have bundestag he had german parliament welcome christopher so the three parties have now signed now what well filled parliament convenes on wednesday morning to formally elect chancellor merkel as the next head of government she needs what's called a chanceless majority there are seven hundred nine members of parliament at the moment so she needs three hundr

mrs merkel has once again been able to use money as a lubricant to build up a coalition a coalition that refuses to set the clear course for the renewal of this country. do it because i mean if there's one central idea in this coalition agreement then it's been money increased the powers of the state decrease freedom this could actually be the title of this coalition. on wednesday the point is taught will take the final hurdle to forming a government america wants to be elected chancellor for the fourth time. their choice is almost certain and then the new government will be up and running at least that's what the chancellor promised. and from our those promises let's bring in christopher spring gate who is joining us in the studio this afternoon christopher take us through what happens next well on wednesday morning parliament convenes and chancellor merkel will be up for reelection as you know the next chancellor of this country she needs to get what's called the chancellor's majority there are seven hundred nine members of parliament she needs three hundred fifty five yes votes a coal

clear to the organization for the prohibition of chemical weapons i mentioned those talks between mr merkel and prime minister in warsaw warsaw as well has implied unconfirmed government sources saying they are considering also expelling russian diplomats as a gesture of solidarity with the u.k. against what they view as a russian attack on u.k. soil they're also looking into putting in sanctions against russian officials russian individuals and russian companies as well and of course these are just some of the european allies the u.k. has got support from other nato members obviously shipping in as well despite as we discussed earlier. the o.p.c. w. experts just the riving i believe in the last forty eight hours in the u.k. to analyze those samples two weeks after all this has taken place a very interesting international reaction coming in so we're gauging the international reaction basically coming from our western professional partners what has been the reaction from moscow to these claims as you know moscow has denied all along with it had any knowledge let alone any involvement in this

. >> mrs. merkel has once again been able to use money as a lubricant to build up the coalition. coalition that refuses to set the clear course for the renewal of this country. if there is one central idea in this agreement, it is spend money, increase the powers of the state, decrease freedom. this could actually be the title of this coalition. >> on wednesday, they will take the final hurdle to forming a government. angela merkel is to be elected chancellor for the fourth time. their choices on a certain. and then the new government will be up and running. at least that is what the chancellor promised. >> christopher springgate joins us from the berlin parliament. welcome. the three parties have now side. now what? >> parliament convenes wednesday morning. to formally elect chancellor merkel as the next head of government. she needs what is a chancellor's majority. there are 709 members of parliament at the moment. she needs 355 yes votes. the coalition government that she controls has 399 members of parliament so should be a formality. host: is the coalition likely the last th

went on a tour to the the village where the beer is brewed in fact and that prompted him to let mrs merkel people know that that would be what he would like if it was if it came down to a tipple of choice and certainly it seems that she prefers some of that smoke fish in return for all of the reporting without a still ahead this hour tensions are still high in catalonia where thousands of protesters have rallied again to break away from spain we'll have a look at that just after the break. with more make this manufacture consent to wealth. when the ruling classes protect themselves. with the famous merry go round the certainly the one percent. nor middle. route six. told me it's so also not acceptable weather then russia and all the us is deciding maybe of what chairman companies all european companies investing in or which infrastructure we are building intra mini or and if you're up i think it's a trim and it's a european decision. hello again there is just under a week to go before russia goes to the poll was in the presidential election and not a starting special coverage. yes . i was

mrs merkel has once again been able to use money as a lubricant to build up a coalition a coalition that refuses to set a clear course for the renewal of this country. do it because i mean if there's one central idea in this coalition agreement then it's then money increased the powers of the state decrease free to make this could actually be the title of this coalition. on wednesday the point is talk will take the final hurdle to forming a government and the american wants to be elected chancellor for the fourth time. their choice is almost certain and then the new government will be up and running at least that's what the chancellor promised. politics correspondent chris of a spring gates joins us from d.w. zappala into the you have bundestag he had german parliament welcome christopher so the three parties have now signed now what. well filled parliament convenes on wednesday morning to formally elect chancellor merkel as the next head of government she needs what's called a chanceless majority there are seven hundred nine members of parliament at the moment so she needs three hundred

went on a tour to the the village where the beer is brewed in fact and that prompted him to let mrs merkel people know that that would be what he would like if it was if it came down to a tipple of choice and certainly it seems that she prefers some of that smoked fish in return pay for all of the reporting are you watching r.t. still ahead for you this out tensions are still high in catalonia where thousands of protesters have rallied again to break away from spain we'll have a look at that and details just after the break. with more make this manufacture consent to the public will. when the ruling classes protect themselves. with the famous larry listen to the one percent. nor middle of the room. seemed wrong but i. just don't. get to shape out just. the ticket and engagement equals betrayal. when so many find themselves worlds apart we choose to look for common ground. zero again that is just under a week before russia goes to the polls in the presidential election and it marks the start of our special coverage. please you see. yes i will see jack top because i still mean that it's. rea

of the mrs merkel it. was germany in the. federal republic of germany so here he will be i think preoccupied with the. two major aspects while it is russian relations with the neighbors and especially the development of the cut the ration projects between. russia and some. former soviet republics and this is the. major concern i would see second major concern it would be syria of course. i would say the third most important piece here would be your grade and the crisis on their russian borders so. where do you see that heading let's talk about ukraine of course as far as ukraine is concerned the crimea issue is still hugely controversial as far as the crimea is a concern perhaps we join back up with russia or again he's argument going to die down do you think over the next six years when you see that going well it will stay for a long time i think it is because both the great meat issue but it will not be i would say the major obstacle between in the relations between russia and other countries if you would remember probably

elections chancellor merkel said she's optimistic it will be a success the deal was signed by mrs merkel's christian democratic union is a very region sister party the christian social union as well as a social democrats you're up to date there is next. on counting the cost in what's been a big week for global trade we'll look at how the u.s. is up bending the rules of comus and free trade is really worth fighting for plus the latest mind bending concept cars from the geneva old tosha counting the cost at this time. the journey to europe starts here in a small bus station off the coast of west africa on the outskirts of gambia skeptical banjul in their backpack they carry some money a change of clothes and perhaps a cell phone everything else they leave behind including their documents their names where they are from their age is no longer relevant. this is a journey for a new life some are after the freedom they believe can be found in europe and not at home for others it's simply about escaping poverty. all take this journey alone in gambia most are children. according to the united nati

went on a tour to the the village where the beer is brewed in fact and that prompted him to let mrs merkel people know that that would be what he would like if it was if it came down to a tipple of choice and certainly it seems that she prefers some of that smoked fish in return. you watch the audience a national thanks become pany tonight we'll be back with more news for you in half an. hour a lot of the other a on not on your run era i'm not going to do fine line why you're right why right you are right there on the other on. what politicians do you should. put themselves on the line to get accepted or rejected. so if you want to be president. some want to. have to like to be press slightly before three in the morning can't be good but. i'm interested in the wives of. this ship. about your sudden passing i've only just learned you were yourself and taken your last wrong turn. to you as we all knew it would i tell you i'm sorry. so i write these last words in hopes to put to rest these things that i never got off my chest. i remember when we first met my life turned on each other. but the

nineteen the elections in the european elections there be a whole different parliament coming back mrs merkel scruple beasts of severely diminished the socialist thankfully will be severely diminished and it will be hard the extreme left that unfortunately will come back with more voters more any pays but our group the euro skeptics the f.t. group the e.c.r. and my group the europe of nations of freedom we will come back stronger so i think the tables are going to be turning but you know when they were all lining up with mrs may at the weekend when i was in russia in vision rating at the elections they started leaving one by one first it was macro that picked up the phone to president putin then it was merkel then it was mr trump then it was the it was mr younker so they completely defied it so this situation is going only going to last for another fifteen months particularly in the u.k. at the moment janice can speak with consideration to what's going on with the poisoning scandals are going to clear power to jeremy corbyn was widely criticised for saying that the u.k. should try and work wi

the result ends months of political deadlock following elections in september, and means mrs merkel will in berlin, jenny hill. we have been waiting months for this but finally angela merkel has got what she wants. indeed she has and no doubt she will have breathed a sigh of relief this morning when the news came through. but having said that, there is not a real sense of victory here and that is for several reasons. first of all the social democrats who finally decided to go ahead with the coalition government, they have torn themselves apart in they have torn themselves apart in the process of making that decision. their party is really low in the polls and its members are still, some of them at least, very opposed to what is about to happen here. secondly there is limited public enthusiasm and appetite for another grand coalition. it is a coalition of what we have had in germany for the last four years. —— it is a continuation of what we have had. and angela merkel has been really damaged by the last few months of political wrangling. she has been off the world stage while being preoc

to provide evidence publicly of concrete direct russian involvement in this mrs merkel isn't the only leader to demand this president might call off france has implied that russia may have perhaps misused perhaps lost control. of some of its chemical stockpiles and has demonic clarity from moscow regarding those chemical weapons what's been the response. here. russia of course has maintained all along that no such weapons were developed or stockpiled in the russian federation they had no knowledge or involvement in the attack indeed they said that. they were destroyed last year i believe we covered that story here on r.t. as well they say that any implication that russia has done otherwise is actually undermining the o.p.c. confirmation that russia possesses no such chemical weapons the investigation he says been ongoing now for two weeks what's the latest on that well what we have to bear in mind here it's one of the most complex counter terror investigations. you get history to put things into perspective some numbers here two hundred fifty detectives on the case counter-terrorism d

germany they're a part of the country a part of the nation but he said doesn't that's not olds with mrs merkel isn't it what do you make of his comments there is big problems mass immigration from islamic countries and so he tries to to bring such a statement to women voters back european culture what do you see as europe what you see as european architecture culture music literature is not formed by islam islam hat so. influence but it you can say that islam is one of the sources of fuel in a culture while i think is neglecting historical. facts that europe is a huge mistake it has a great history and a long history there is that the christian part is the jewish. muslim acquired just saying islam is not part of germany is just playing on and trying to. look to the right wing voters and trying to satisfy them. it is exactly fifteen years since the start of the u.s. led operation iraqi freedom more commonly known as the iraq war started out as a promise to liberate a country from a dictator turned into years of conflict right across the region is a reminder of how things unfolded. less than a t

been punished at successive elections by voters who fear that they are becoming too much like mrs merkel's christian democrats this new grand coalition also effectively means that the anti immigration the far right party the f.t. become germany's main opposition force well there are three days acting leader urged members to put their divisions behind them to make. the s.p.d. members follow the suggestion of the party leadership with a big majority we now have clarity the s.p.d. will join the next government the social democratic party did not make this decision lightly it spent the last weeks in in-depth transparent and open discussions over the coalition deal they were important and gripping debates set a great many members of the s.p.d. took part in we grew closer together during these discussions of this will now give us the strength we need to move ourselves forward as a party in government and to put our country on the right path for chancellor merkel hailed the vote saying co-operation between the two main parties will be for the good of germany dominic kane reports from berlin. the

democrats five hundred thousand of them have voted to decide whether the party would join with mrs merkel christian democrats to form a grand coalition that's the scene live in berlin the country is waiting to decide for them to decide exactly the shape of german politics for the next electoral period i'm with you right up to date of course with developments in berlin some of our other main stories and an al qaeda affiliate says it was behind the attack that killed sixteen people in bikini on friday the attackers targeted army headquarters as well as the french embassy in the capital to do to the mali based group jemaah islamiyah al mostly me claimed responsibility for the attack two days later the syrian government has reportedly seized ten percent of rebel territory in the signature after another night of airstrikes in shelling russian led five hour humanitarian poles is underway for a sixth day and adviser to the crown prince of the u.a.e. has reportedly become a focus in the united states special council's investigation into meddling in the twenty sixteen presidential election the new

and a president i think mr merkel is someone who's deeply convinced that she can get the best for thecountry right now with her house one can come and see you that's one way of putting it but you could also say that her main priority was staying put as chancellor because he comes out and. says that evening after going thirty six hours without sleep. announced he was relinquish in one of his posts thank you. thank. you anonymous. if our party members vote to join the government. has an appropriate time after that vote be given and so i will suggest the party executive call a special party conference. i know at which andrea knowledge should be made the new party leader has done so but i force of some good lord if you have a fungus but because during the negotiations we sensed that his authority was under fire everyone in the s.p.d. was doing their own thing and i can leave me and depending on who you spoke to you were told talk to underpin this or the secretary general or martin shorts. that was problematic i was out and on a human level i felt sorry for him because in light of time fis

mr schultz says chancer candidate you kept open the possibility of serving under chancellor merkel's. i didn't rule that out i was question where did you get that. you specifically kept the merkel cabinet option open. when. weeks ago i asked whether you like your predecessor would rule it out if you didn't do so that's why i'm asking you now do you rule out serving as a cabinet minister under medical in a conservative government. if you ask me that here here with colleagues heard me say well i didn't know you sure. that you could you can answer the question now. one might repeat the question. my memory is. three the b.b.c. africa. mr schultz do you rule out serving as a minister under medical and a conservative government. minister yes of course you know i won't be part of the government. it's. only a few months ago martin short it's had been hailed as the social democrat savior but this statement would dog the failed chancellor candidate and ultimately cost him his job. i think in hindsight no one is more upset about it than chilton self but that's politics the cameras are always rol

mrs merkel has once again been able to use money as a lubricant to build up a coalition a coalition that refuses to sit in the clear course for the renewal of this country on this do it because i mean if there's one central idea in this coalition agreement then it spend money increase the powers of the state decrease free to make this could actually be the title of this coalition. on wednesday the point is taught will take the final hurdle to forming a government on the america wants to be elected chancellor for the fourth time. their choice is almost certain and then the new government will be up and running at least that's what the chancellor promised. is to slovakia now where public anger over the murder of an investigative journalist and his say is threatening to topple the government young to siac in this fiance were found shot dead at their home near broad slava last month could see acts last unfinished story was about the italian mafia and its ties to slovakian politicians now this murder has triggered a wave of protests across the country mounting pressure on slovakian prime mini

en in touch with mrs. merkel. the russians saying they had nothing to do with the event.e are not seeing anything and russian assets. investors are not thinking this will make a huge amount of difference. matt: there has been a lot of support from allies. what is the specific response beyond talking a big game? >> the range of options available to mrs. may, that is why they expected, that is what happened in 2006 with the poisoning in london. more coordinated response will be needed around the issue of sanctions. ofsia is under a range sanctions, they could look to increase those. a lot of russians own property in the u.k., that would be a rather extreme response and perhaps less likely. of things. range britain uses a lot of russian gas, maybe that is something up -- else they will be looking at. there are a range of things, one thing that has been mentioned is article five of nato. ant is the treaty that said attack on one member is an attack on anyone -- everyone and that requires a coordinated response. definitely are extreme but there are conversations between the he

mrs. merkel's new government coalition be? coronado, macro policy perspectives.d one of our great international's programs, along with the pacific franchises on international economics. if you are any study at all that -- ist's the president there any study out there at all that supports the president's approach? julia: to be fair, there have been unfair trading practices in china, it is the chaotic approach of going at it on our own without forming coalitions with our allies. there is a lot of risk. i think that the issue he has identified is fair and real. he has tapped into voter angst over trade. in terms of achieving the objective of leveling the playing field on trade it is a dangerous approach he is taking. work, though?d it it is dangerous, but could it make trading allies think about the policy? julia: it can work. playing hardball and using the and stick approach could achieve certain objectives in terms of leveling the playing field, but could have unintended consequences. stimulus a lot of designed to encourage capital investment. with the uncertainty

yes mr president i deal. with that merkel was officially collected to a fourth term mr chancellor. it's her third time in the green it is sort of. you know here we are watching chancellor merkel about to be sworn in having a bit earlier than we expected he was going on to school because it got to see it in the in an article six and twenty four b.c. and this is the president of the bundestag. doesn't mind the coffin was a distortion focused. on mere satin for him then that's one cause that's all because that's that has been this mask on for tidying my lips listening to this in half the first. he can get our money. zavala mia. chancellor merkel being sworn in for his fourth term saying there. i swear that i will dedicate my afterwards to the well being of the german people promote their welfare protect them from harm opcode in the sun the basic law of the morals of the federation perform my duties conscientiously and do justice to all so help me god. we have a political person a need a hossa with us here in studio as well as veteran author and journalist vanna's on who's watching this

yes mr president i deal. with that merkel was officially elected to a fourth term chancellor and it's her third time in a grand coalition the social democrats. it took a while for america to win over the s.p.d. but in the end the junior partners offered their congratulations. to the chancellor remains the chancellor and that's cause for happiness and i think this is good news for the citizens of our country and good news for europe. good enough for all. but at least thirty five members of merkel's coalition failed to support her in the end her margin of victory was nine votes including her own in a parliament of seven hundred nine deputies that's hardly a dream start to the latest medical government. husband. put in a first appearance at such an election and merkel's next cabinet is also new in many respects the numerical government is noticeably younger and includes more women than previous ones its main priorities. we need to ensure domestic security and the welfare of society we need to figure out how to positively tackle

and theresa may would get a better deal if she speaks to angela merkel directly? mr. ngela merkel has not been engaged very much in these discussions because germany has not heidi government for months. i don't say there's going to be a magic wand waved by angela notel, but i do think having germany party to these talks in a strong way has been one of the reasons why they haven't progressed at the speed they should have done. i don't say that she's going to come in and say, we want the u.k. to have a complete free trade deal, but they are going to recognize the balance, and the next few months -- i'm not saying it isn't going to be difficult, but i believe it is in the best interest of the european union and the u.k. francine: what speed the you think the negotiations will take? do you expect them to accelerate? is it september, october, december of what the relationship will look like? mr. smith: the target is october. it might drift a bit more. but they have to complete this by the end of the year. the time is then for us to decide if we agree with this or not and fo

of supporting another coalition government with a chancellor angela merkel's conservatives were again waiting as you said michel for mr newton to reveal those results confirm that information but that is what we are hearing from reports here at d.f.w. and i can imagine simon and yobe as well also listening to you and if i can yes please michele it. you know what could have happened as we saw those people who counted the ballots behind us and they disappeared just a couple of minutes ago now i would expect them to have been handed back their mobile phones so i could because they were to those phones were taken away from them so that could potentially be a source for this but we'll just have to wait and hear what the official confirmation of that is if it is indeed michelle that is an important point to soon as twitter goes on line there with those people who might have been tossed for counting those ballots because get some early reports that again are unconfirmed but i imagine that would be an expected but important side really for a lot of people here berlin going to be a huge sigh of relief for the s.p.d. leadership

i imagine that conversation between miss merkel and mr. mccrone.ys we need to do more sharing and she says i'll more willing to do that with you, less willing to do that with italy, especially with the electoral results. they are making the task of the entire endeavor more difficult. guy: can i come back to the issue of the euro? karen and i were discussing the impact the euro is having. people are increasingly going into europe on a unhedged basis. mario draghi desperately trying to not talk about tapering. his job seems to be the -- seems to be to hold the euro down right now. francesco: let me say that my understanding is that the ecb themoved away from thinking inflation rate is the -- of inflation. inflation starts in the labor market and so the importance of the exchange rate, foreign inflation developments in the euro area is seen by the ecb as much less important as it was maybe 15 years ago. that is a first for mark. -- first remark. the second is to look at the united states. i look at the situation, they are probably at full employment.

merkel and we know that she spoke with mr trump a couple of weeks ago and that was the first time that they had had any contact for five months and that is unprecedented i don't think it's happened just since kennedy was president that more than four weeks have gone by the president and the chancellor have not spoken now we've got rex tillerson the secretary of state he was fired yesterday how in the world can miracle build a relationship with president wrong well i don't think she has a choice i think she has to build a relationship with the united states of america whether or not she likes the style of the president or not the question is what does she want from the u.s. and to some extent how can she balance that with what he thinks he wants from her this is where we get into the tariff discussions is where we get the two percent in nato my sense is she can remember this is a woman who's dealt with three very different presidents and i think in that respect she's equipped with some experience to make that happen the problem is does she have the backing of the coalition to do just th

mr. macron, and miss merkel thinking about what are we to do with germany?nd a stronger euro zone. we have to figure out with going to happen with italy. a have two weeks until parliament convenes. then, even our latest bloomberg news reporting, we are seeing the president could wait as much as three months until he sees support in both houses of parliament for some kind of coalition, possibly a grand coalition that we are seeing coming out of germany. yvonne: certainly still a lot of moving parts. thank you for breaking it all down for us. let's bring in bloomberg intelligence senior european equity strategist, tim. in asia.r face welcome back. we have seen three separate political dramas happened in the last few days. let's start with italy. this lack of they clear result. do we have to worry about exit italian? tim: the answer we can, is no. italians are famous for drama, and that's great, but it's tim:interesting thinking about italy. on the one hand, it's only 10% of the earnings contribution of the euro stocks, the core of european earnings. number two