Germany is set to hold snap elections on February 23 after an agreement was reached among parties in the country’s fractured parliament on Tuesday, according to reports from public broadcaster ARD.

After the collapse of Chancellor Olaf Scholz’s governing coalition, the balloting will be held on Feb. 23, about seven months before it had been scheduled.

The decision follows a budget fight that prompted Chancellor Olaf Scholz to fire his finance minister and announce a confidence vote that is widely expected to fail.

The new date represents a compromise between center-left Chancellor Olaf Scholz and conservative opposition leader Friedrich Merz.

Germany is headed for snap elections on February 23, the main parties agreed Tuesday, aiming to form a stable government after Chancellor Olaf Scholz's three-party coalition collapsed last week. The country's two biggest parties agreed on the early ...

Germany is set to hold fresh elections on February 23, eleven weeks after the collapse of Chancellor Olaf Scholz's governing coalition, with sources on Tuesday saying the Social Democrats, Greens and conservatives had reached a compromise on timing.

Bloomberg has learned that Olaf Scholz's social Democrats and opposition lawmakers reached an agreement finally told in the federal election on February 23rd. For more, let's bring in Bloomberg's Oliver Crook in Berlin.

Germany’s biggest political parties have reportedly agreed on a timetable leading to an early general election on Feb 23.

German Chancellor Olaf Scholz gives a statement on the US Election at the chancellery in Berlin, Germany, Wednesday, Nov. 6, 2024.