What a day: Olaf Scholz is Chancellor of the Federal Republic of Germany. From now on the SPD, the Greens, and the FDP will be in charge of the German federal government and bear a lot of responsibility. They won’t get a 100-day grace period foreseeably – but ministers and departments don’t seem to be completely sorted out yet either. On the other hand, it is now clear who will be pulling the European and international strings for Scholz in the future: Jörg Kukies, until now State Secretary under Scholz in the Federal Ministry of Finance, once with Goldman Sachs and at least a well-known player in Brussels finance and Eurogroup policy.