After four months, the German parties involved in negotiations have reached an agreement to conclude a new coalition, pending a vote from the members of the Social Democrats (SPD).
However, the key point to take from this agreement is how much Angela Merkel and her Christian Democrats/Bavarian sister party (CDU/CSU) had to concede to get it over the line.
To appease the previously sceptical Martin Schulz and his Social Democrats, she has given his party the Foreign and Finance portfolios, plus some others. The former are two major coups for his party.
Schulz is expected to step down as leader of the party and take the role of Foreign Minister. He has been a major advocate of a more federal Europe and has even tweeted his desire for a “United States of Europe” by 2025.
Merkel is not expected to finish the next term and may even retire if the approximately 460,000 SPD members vote down the coalition in early March.
Even if it passes, she will not be able to lead and execute on her decisions in the same capacity as she has previously done. Her leadership has been characterised by a progressive approach to the many issues facing Europe and Germany over the last decade but in a timely and non-radical manner.
Merkel will have to balance all factions’ ambitions in this coalition as well as defending against the Alternative for Germany attacks from the opposition benches, who went from no seats in 2013 to the current third largest party.
Their populist, anti-immigrant rhetoric and policies are resonating with more voters since the decision of Merkel to allow up to a million immigrants into Germany since the Syrian Civil War.
Contrast this with Emmanuel Macron, who has four more years until the next Presidential election and has a majority of 350 seats of a total of 577 in the National Assembly.
He has so far been able to reform the previously impregnable French Labour laws , has political momentum and the French economy had its strongest performance in 2017 in six years, growing 1.9%.
There are challenges for Macron ahead. Things can change quickly in French politics and major protests may still erupt over the labour reforms or other legislative changes.