German Chancellor Olaf Scholz’s decision to fire Finance Minister Christian Lindner and trigger an early election has thrown a wrench into the government’s fiscal planning.Most Read from BloombergUnder Trump,

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.

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

Germany’s government shakeup means eight pieces of legislation considered crucial for the energy transition are stuck in limbo until a new administration is formed next year, with the possibility they may not be enacted at all.

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.

Germany will hold a snap election on February 23 following an agreement made on Tuesday between the various coalition parties amid a fractured parliament.

Germany is headed for snap elections on Feb. 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 timetable,

German conservative leader Friedrich Merz launched his election bid with a stinging attack on Chancellor Olaf Scholz, calling the Social Democrat a “lightweight” and accusing him of sowing division in Europe’s biggest economy.

German Chancellor Olaf Scholz on Wednesday said he is "very happy" about the agreement reached by the country's main political parties to hold early elections on February 23. Speaking in the German parliament in Berlin,