Of course, the current conflict within the SPD poses serious questions to the stability of a grand coalition. It does not even exist, and the head of the Social Democratic Party already has to resign. There is much talk about new election right now, but I do not see this happen in the near furture. I still see the rejection of Wasserhövel as a warning shot which has been turned into real warfare by Müntefering.

Even if Müntefering resigns, it would be suicidal for the SPD to opt for new elections. And Merkel might first try to make the best out of her suddenly enhanced bargaining position within the framework of a grand coalition.