Germany’s main parties agree to hold snap elections in February

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Germany’s main parties agree to hold snap elections in February
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Chancellor Olaf Scholz to bring forward confidence vote at opposition’s request

Germany will hold snap elections on February 23, under a new plan agreed on Tuesday between Chancellor Olaf Scholz’s Social Democrats and the centre-right opposition. Under the deal, Scholz will table a confidence vote in his government on December 16, according to a person familiar with the matter. He had originally planned to do so in mid-January, but came under pressure from the opposition to speed up the process.

The FDP said incurring more debt would burden future generations, adding that the government should focus instead on getting public spending under control and reducing corporate taxation. Lindner said on Tuesday he believed Merz would be Germany’s next chancellor. “I think the race for chancellor is actually over,” he told a business conference, adding that the CDU leader would “almost certainly” succeed Scholz.

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