Olaf Scholz, the SPD candidate has come first with a very small margin. Presumably, he will try now to form a coalition with the Green Party and the liberals of FDP. This would be the so-called traffic light coalition (red, green and yellow). A Jamaica option is also on the table (with the CDU joined by Greens and Liberals).
Worth noting as well that in both traffic light and Jamaica option, the Greens would be positioned as the second partner. This should be important for the EU economic agenda, according to Peter Bofinger