Merkel wins German election but building coalition could be tricky.

Angela Merkel's Christian Democratic Union (CDU) bloc enjoyed a resounding victory in Germany's elections yesterday, although the CDU fell short of a majority and its preferred coalition partner, the pro-business Free Democrats, was wiped out. That means Merkel will probably have to form a coalition with the left-of-center Social Democrats, which came in second, or the Greens. German shares were flat at the time of writing.