After decades of relative stability, the country has entered a new era of political fragmentation and will hold new elections at a precarious time.

The collapse of Germany's ruling coalition is set to bring more economic pain in the months ahead and just a glimmer of hope for Europe's ailing economic giant if, and that is a big if, it can lead to a less fractious government and more coherent policies.

Germany will be able to provide most of its support to Ukraine even if the coalition's collapse prevents the timely approval of the 2025 budget. Source: Reuters, citing sources from the budget committee,