Given a document, generate a short title of the document. The title should convey the main idea/event/topic about which the document is being written. Note that URLs in the text have been replaced with [Link].

Input: Consider Input: What now? Mrs Merkel will meet with Frank-Walter Steinmeier  Germanyâs federal president  this morning to discuss next steps. Four possible outcomes present themselves. The FDP might be coaxed back to the negotiating table by plausible concessions from the CDU  CSU and Greens. But do not count on it. Mr Lindnerâs language was ominously final. And the Greens (seemingly the main target of FDP recrimination) declared that they had reached their âpain thresholdâ and could not budge another centimetre.
The second possibility is a new âgrand coalitionâ marrying the CDU/CSU and the centre-left Social Democrats (SDP)  who together have a workable majority in the Bundestag. But the SPD has strenuously ruled out the option. Having lost distinctiveness and votes in partnership with  Mrs Merkel    its  leaders and activists fear another spin with the chancellor could do their party terminal damage. Perhaps  just perhaps   Mrs Merkel   the media and Germanyâs European partners can persuade them to take the risk. But months after its worst election result in post-war German history  the SPD will most probably reject the overtures.
In the absence of a viable majority government   Mrs Merkel  could form a minority one  concocting vote-by-vote majorities in the Bundestag. This might combine the CDU/CSU with the FDP  its traditional governing partner (together they would be 29 seats short of a majority). But a more natural fit would now be a black-green coalition with the Greens (42 seats short of a majority). Last night each side found generous words for the other  and they were as one in their contempt for the FDP. At federal level post-war Germany has witnessed no minority administrations  though one ran North-Rhine Westphalia  the countryâs largest state  from 2010 to 2012. Such governments are alien both to the stable  long-termist ways of the German state and to  Mrs Merkelâs  plodding leadership style. How long one would even last in the current circumstances is unclear.
That leaves the fourth  most drastic option: new elections. The route is not as simple as it sounds. Unlike some other European parliaments  the Bundestag cannot just dissolve itself (a legacy of Weimar-era instability) and as  Mrs Merkel  has not yet been reinstalled as chancellor  she  cannot call a straight confidence vote. Instead Mr Steinmeier must nominate a candidate for the job. If  Mrs Merkel  (for  it  would be  she ) failed to win an absolute majority in two successive Bundestag votes  which can be separated by two weeks   she  would go to a third vote at which a simple majority would suffice. Only then could Mr Steinmeier dissolve the Bundestag  triggering a new election within 60 days.
If possible  Germanyâs establishmentâincluding  Mrs Merkel  and Mr Steinmeierâwill seek to avoid new elections. These could most benefit the far-right Alternative for Germany and would not necessarily rupture the deadlock  current polls putting the main parties very close to the results they obtained at the September election. In  her  comments last night  Mrs Merkel  emphasised that  her  party would âtake responsibility for this country  even in difficult timesâ.  She  is determined  in other words  to make the best of the hand the German people dealt  her  in September. Precisely how  she  plans to proceed should become clearer today.
In recent years Germany has been a pillar of stable government in Europe and  Mrs Merkel  a seemingly permanent feature of the landscape (consider that  her  international counterparts when  she  first took office were Jacques Chirac  Tony Blair and George W. Bush). Both of those truths are now  if not dead  then slipping away. The next German government will take months more to emerge and will be distinctly fragile in comparison with its predecessors. The end of the Merkel era has surely begun  though whether it has weeks  months or a short number of years to run is anyoneâs guess. Last nightâs events confirmed Emmanuel Macron as Europeâs top leader while making the French presidentâs grand plans for euro-zone reformâfor which he needs a confident and outward-looking Germanyâyet harder to achieve. The ripples of Mr Lindnerâs doubtful decision will travel far beyond his countryâs borders.

Output: Germanyâs preliminary coalition talks collapse


Input: Consider Input: Lebanon's Prime Minister Saad Hariri  arrived back in Lebanon two weeks after  he  announced  his  surprise resignation while in Saudi Arabia. Within hours of landing at Beirut International Airport  Hariri shocked the country by announcing he had put his resignation "on hold" while talks with Hezb'allah and other political factions are underway.
Al Jazeera's Zein Khodr  reporting from Beirut  said that Hariri's tone has shifted since he gave his resignation speech two weeks ago. "He [Hariri] didn't even mention Hezbollah or Iran[.] ... He even said that he's looking forward to a partnership with all political parties in the country "What is clear is that there has been intensive discussions behind closed doors " she said. "The resignation was an attempt by Saudi Arabia to curb Hezbollah's influence[.] ... That attempt backfired[.] ...  Hariri  was conciliatory in  his  message."
What is going on? Whatever influence Saudi Arabia was exercising over  Hariri  has weakened since  he  left the kingdom. Before returning to Lebanon   Hariri  had meetings with several leaders  including Macron of France and el-Sisi of Egypt. France has a keen interest in what happens in Lebanon  since the tiny nation is a former French colony. And as a Sunni regional power  Egypt is on the front lines of resisting the spread of Iran's influence.
Those "intense discussions" almost certainly included Hezb'allah. Given that  Hariri  cited threats against  his  life by pro-Iranian and pro-Syrian factions in Lebanon as a primary reason for  his  resignation  it is possible that some sort of backroom deal with the terrorists was struck that gives certain assurances to  Hariri  regarding  his  personal safety. For Hezb'allah  part of that deal could have included  Hariri  promising to back away from Saudi Arabia.

Output: Lebanon's Prime Minister Hariri puts resignation 'on hold'


Input: Consider Input: The financial services sector  which accounts for about 12 percent of Britainâs economic output and pays more tax than any other industry  potentially has a lot to lose from the end of unfettered access to the EUâs post-Brexit market of 440 million people.
But it is particularly vulnerable to  a Brexit shock   because about a third of the transactions which take place on  its  exchanges and in  its  trading rooms involve clients in the EU.
This has led some politicians and economists to predict London will lose its pre-eminence as a financial center after Brexit  although supporters of leaving the EU say Britain will benefit over the long term by being able to set its own rules.
According to Savills  commercial property prices in the City of London have dropped more since the Brexit vote in June 2016 than at any point since 2009  the last year of the global financial crisis.
So far  Brexit seems to be having no impact here. The number of venues  such as bars and restaurants  applying for new licenses to sell alcohol in the City of London in the first eight months of 2017 is at a record high  data from the municipal local authority that runs the district shows.
âBusinesses are naturally hesitant to plan and execute growth hires due to the uncertainty around  Brexit  â said Hakan Enver  a director at Morgan McKinley.
The findings suggest that the first wave of job losses from  Brexit  may be at the lower end of estimates by industry lobby groups and firms  which could mean London will keep its place as the continentâs top finance center  at least in the short term.


Output: Brexit and the City: taking London's financial pulse