Germany is set to hold a snap election on February 23 after an agreement was reached among parties in the country’s fractured parliament on Tuesday. Chancellor Olaf Scholz’s Social Democratic Party (SPD) said that the main parties had agreed on the ...

Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.

German media are reporting that Chancellor Olaf Scholz is expected to ask for a vote of confidence in his government on Dec. 16.

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.

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.

It’s a particularly bad time for Berlin to be experiencing political paralysis pending the formation of a new government.

Germany will hold a snap election on February 23 after the country's three-party coalition collapsed last week. The date for the snap election was agreed on by the country's biggest parties, resulting in Germany's Chancellor Olaf Schlolz seeking a vote of confidence on December 16.

Germany's next federal election is expected to take place on February 23, 2025. The opposition has accused Chancellor Olaf Scholz of stalling, while others have been arguing that local authorities need time.

German opposition leader Friedrich Merz has welcomed his party's agreement with Chancellor Olaf Scholz's coalition government to hold early elections in February. "February 23 is a good solution," Merz said in Berlin on Tuesday after a meeting with lawmakers from his Christian Democratic Union (CDU) and its Bavarian sister party,