• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'

2

Former VP Kamala Harris says she went through a nine-hour interview to land the job—but she couldn’t escape ‘gold medal depression’ even when she won

3

A new trade war may be brewing. This time, Europe is taking a page from Trump's playbook — 'We no longer live in a world of pink ponies and rainbows'

1

Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'

2

Former VP Kamala Harris says she went through a nine-hour interview to land the job—but she couldn’t escape ‘gold medal depression’ even when she won

3

A new trade war may be brewing. This time, Europe is taking a page from Trump's playbook — 'We no longer live in a world of pink ponies and rainbows'
PoliticsGermany
Europe

German government agrees to February snap election—just weeks after Trump’s inauguration—to restore political stability

By
Jastinder Khera
Jastinder Khera
and
AFP
AFP
Down Arrow Button Icon
By
Jastinder Khera
Jastinder Khera
and
AFP
AFP
Down Arrow Button Icon
November 12, 2024, 6:05 AM ET
Chancellor Olaf Scholz has seen his three-way coalition collapse in recent weeks, sending Germany into a political crisis.
Chancellor Olaf Scholz has seen his three-way coalition collapse in recent weeks, sending Germany into a political crisis.Kay Nietfeld/picture alliance via Getty Images
Add Fortune on Google for similar content.

Germany’s biggest political parties have agreed on a timetable leading to an early general election on February 23, a source in Chancellor Olaf Scholz’s Social Democrats (SPD) party said Tuesday.

Recommended Video

The agreement was reached at a time Germany is mired in a deep political crisis, between the parliamentary groups of the centre-left SPD and the main conservative opposition CDU/CSU, the source told AFP.

The compromise deal comes days after Scholz’s three-way coalition collapsed with the withdrawal of the smallest party, the liberal and pro-business Free Democrats (FDP).

The political turmoil has hit as Europe’s biggest economy is set to shrink for a second year in a row and amid heightened geopolitical volatility, with wars raging in Ukraine and the Middle East.

The agreed election date would mean Germany will be in the middle of its campaign when Donald Trump is inaugurated as US president on January 20.

Scholz, who wants to run again, initially suggested an election in late March but came under pressure from the CDU as well as his own Greens coalition partners to speed up the process.

The CDU is riding high in opinion polls and its leader Friedrich Merz had been pushing for an election as early as possible.

A recent poll found that two-thirds of voters also wanted an election sooner rather than later.

The February date would force politicians to conduct their campaigns in the dark and cold of winter, when voters will be less enthusiastic to flock to outdoor events than during the usual campaign time in high summer.

The date will be officially determined after Scholz calls a confidence vote in the lower house of parliament, which under the new agreement would now have to be in December.

If, as expected, he loses the vote, President Frank-Walter Steinmeier will have 21 days to dissolve parliament, and elections will then have to be held within the next 60 days.

“People are very nervous and don’t know where the country is going,” CDU general secretary Carsten Linnemann told the ZDF broadcaster on Tuesday.

He added that once there was more clarity on the timetable, “things will calm down and we can go into the election campaign”.

Since the FDP’s withdrawal last week, Scholz’s centre-left SPD and the Greens have carried on in a minority government that has to seek opposition support to pass any laws.

The three ideologically diverse parties had been governing together since 2021, the first time that a tripartite coalition had been tried at a federal level in Germany.

But mounting differences over economic and fiscal policy came to a head last week when Scholz fired the rebellious FDP Finance Minister Christian Linder, prompting the party to leave the government.

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Authors
By Jastinder Khera
See full bioRight Arrow Button Icon
By AFP
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Politics

Starmer quits and sets out plan for new U.K. PM by September
EuropeU.K.
Starmer quits and sets out plan for new U.K. PM by September
By Joe Mayes, Chloe Chaplain, Ellen Milligan and BloombergJune 22, 2026
1 hour ago
U.S.-Iran talks just started and Trump is already threatening to attack, causing negotiations to pause
PoliticsIran
U.S.-Iran talks just started and Trump is already threatening to attack, causing negotiations to pause
By Aamer Madhani, Seung Min Kim, Jamey Keaten and The Associated PressJune 21, 2026
14 hours ago
g
North AmericaTaxes
The union behind California’s billionaire tax is blinking, but Gavin Newsom wants to inflict total defeat
By Sophie Austin and The Associated PressJune 21, 2026
15 hours ago
andy
PoliticsUnited Kingdom
Meet Labour’s ‘King of the North,’ the 56-year-old representing Greater Manchester and challenging Keir Starmer
By Jill Lawless, Danica Kirka and The Associated PressJune 21, 2026
15 hours ago
t
Economybeef
Ground beef is up 20% since last year. A parasite, a drought and a July 1 trade deadline could push it higher
By Andrew Muhammad, Charles Martinez and The ConversationJune 21, 2026
20 hours ago
sun
HealthFDA
A better sunscreen has been available in Europe for 25 years. It just became legal to sell in the U.S.
By Guy German and The ConversationJune 21, 2026
20 hours ago

Most Popular

Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
Success
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
By Sydney LakeJune 21, 2026
1 day ago
Former VP Kamala Harris says she went through a nine-hour interview to land the job—but she couldn’t escape ‘gold medal depression’ even when she won
Success
Former VP Kamala Harris says she went through a nine-hour interview to land the job—but she couldn’t escape ‘gold medal depression’ even when she won
By Emma BurleighJune 21, 2026
1 day ago
A new trade war may be brewing. This time, Europe is taking a page from Trump's playbook — 'We no longer live in a world of pink ponies and rainbows'
Economy
A new trade war may be brewing. This time, Europe is taking a page from Trump's playbook — 'We no longer live in a world of pink ponies and rainbows'
By Jason MaJune 20, 2026
2 days ago
'I literally was crying last night because I’m nervous about what I’m going to find out': a record 51% of Americans aren't 'cost secure' on health
Health
'I literally was crying last night because I’m nervous about what I’m going to find out': a record 51% of Americans aren't 'cost secure' on health
By Ali Swenson, Amelia Thomson-Deveaux and The Associated PressJune 20, 2026
2 days ago
NBC’s Tom Llamas climbed from 15-year-old intern to the top anchor chair—and still isn’t satisfied: ‘If you're not growing, you're dying'
Success
NBC’s Tom Llamas climbed from 15-year-old intern to the top anchor chair—and still isn’t satisfied: ‘If you're not growing, you're dying'
By Preston ForeJune 21, 2026
24 hours ago
Tenzin Seldon: The GLP-1 boom is the biggest climate story no one is pricing in
Commentary
Tenzin Seldon: The GLP-1 boom is the biggest climate story no one is pricing in
By Tenzin SeldonJune 21, 2026
24 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.