German Chancellor Angela Merkel's challenger for the next elections Peer Steinbrueck of the SPD delivers a speech during an extraordinary party convention of the German Social Democrats, SPD, in Hannover, northern Germany, Sunday, Dec. 9, 2012. The center-left Social Democrats held a special party convention to elect former Finance Minister Steinbrueck officially as their candidate to take on Merkel when Germans elect a new Parliament next fall. (AP Photo/dapd, David Hecker)

Associated Press
German Chancellor Angela Merkel's challenger for the next elections Peer Steinbrueck of the SPD delivers a speech during an extraordinary party convention of the German Social Democrats, SPD, in Hannover, northern Germany, Sunday, Dec. 9, 2012. The center-left Social Democrats held a special party convention to elect former Finance Minister Steinbrueck officially as their candidate to take on Merkel when Germans elect a new Parliament next fall. (AP Photo/dapd, David Hecker)
German Chancellor Angela Merkel's challenger for the next elections Peer Steinbrueck of the SPD delivers a speech during an extraordinary party convention of the German Social Democrats, SPD, in Hannover, northern Germany, Sunday, Dec. 9, 2012. The center-left Social Democrats held a special party convention to elect former Finance Minister Steinbrueck officially as their candidate to take on Merkel when Germans elect a new Parliament next fall. (AP Photo/dapd, David Hecker)
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