Which coalition will form the next German government?

The next German federal election is scheduled to take place on February 23, 2025. This market will resolve to the first ruling coalition of parties that forms after the next German federal election. If voting in the next German parliamentary election does not occur by June 30, 2025, this market will resolve to "No". This market will resolve based on a consensus of credible reporting. In case of ambiguity, this market will resolve based on official information from the German government, specifically the Federal Returning Officer (Bundeswahlleiter) (https://www.bundeswahlleiterin.de/en/).