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

German President dissolves parliament and calls February 23 election

By
Iain Rogers
Iain Rogers
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Iain Rogers
Iain Rogers
and
Bloomberg
Bloomberg
Down Arrow Button Icon
December 27, 2024, 6:18 AM ET
German President Frank-Walter Steinmeier announces his decision to dissolve the parliament.
German President Frank-Walter Steinmeier announces his decision to dissolve the parliament.JOHN MACDOUGALL/AFP via Getty Images

German President Frank-Walter Steinmeier dissolved parliament and set the country’s snap election for Feb. 23, formally endorsing a timetable proposed by Chancellor Olaf Scholz after he pulled the plug on his ruling coalition last month.

Recommended Video

Social Democrat Scholz ended his three-party alliance with the Greens and Free Democrats when he sacked FDP Finance Minister Christian Lindner in a dispute over government borrowing.

The surprise move deprived Scholz of a majority in the lower house, or Bundestag, and paved the way for a national ballot seven months before the scheduled end of his four-year term.

With just under two months until the vote, the main opposition conservatives under Friedrich Merz are strides ahead in the polls. Scholz’s SPD is languishing in third place behind the far-right Alternative for Germany party, with the Greens in fourth.

Merz’s center-right CDU/CSU bloc has about 31% support, according to the latest Bloomberg polling average, with the AfD at around 19% and the center-left SPD 16%.

The Greens have about 13%, while Lindner’s FDP is in danger of missing the 5% threshold for getting into parliament with 4%.

Lars Klingbeil, an SPD co-leader, said he expects the party to begin narrowing the gap to the conservatives in January and still believes it can emerge as the strongest party again.

At the last election in 2021, the SPD came from behind in the final weeks of campaigning to secure almost 26% in first place, beating the CDU/CSU, which got 24%.

“More and more citizens will ask themselves: Do we want Olaf Scholz as chancellor or Friedrich Merz?” Klingbeil was quoted as saying in an interview with Tagesspiegel newspaper published Thursday. “We have the better candidate, the better team, the better program.”

Although Steinmeier has formally dissolved the Bundestag, its term will only end with the constitution of the next parliament. Lawmakers will continue to meet and conduct parliamentary business, with two sessions planned before the election.

Scholz’s move to force an early election is unusual in German politics since World War II. The national ballot was brought forward only twice in West Germany and only once since reunification in 1990.

Former Chancellor Gerhard Schroeder, also a Social Democrat, triggered an early vote in 2005 before losing to Angela Merkel, who went on to run the country until Scholz took over in late 2021.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Authors
By Iain Rogers
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon

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
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
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
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

© 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.


Latest in Politics

United States President Donald Trump walks toward the White House upon his arrival in Washington, DC, from Memphis, Tennessee, United States, on March 23, 2026.
EconomyIran
Wall Street is ‘bewitched’ by positive news on Iran, says UBS, and investors want to believe the war is over without verifiable information
By Eleanor PringleMarch 24, 2026
1 hour ago
EconomyMarkets
Trump searches for an exit strategy in Iran as $100 oil looms over the midterms
By Jim EdwardsMarch 24, 2026
2 hours ago
fauci
CommentaryCOVID-19 vaccines
How COVID turned America against science — and what it will take to win it back
By David Blumenthal and James A. MoroneMarch 24, 2026
4 hours ago
Kirby gestures
EnergyAir Travel
Airlines are preparing for the worst as Iran war enters its fourth week. But demand is still strong, and travelers are willing to pay higher fares
By Jacqueline MunisMarch 24, 2026
7 hours ago
CryptoBitcoin
Bitcoin climbs as Trump grants five days for Iran negotiations
By Emily Nicolle, Melos Ambaye and BloombergMarch 23, 2026
17 hours ago
BankingIran
Iran issues its largest-ever currency denomination as accelerating inflation ravages a financial sector deemed a ‘Ponzi scheme’ even before the war
By Jason MaMarch 23, 2026
17 hours ago

Most Popular

Commentary
The Treasury just declared the U.S. insolvent. The media missed it
By Fortune EditorsMarch 23, 2026
22 hours ago
Personal Finance
Current price of gold as of March 23, 2026
By Fortune EditorsMarch 23, 2026
24 hours ago
Economy
It took 200 years for national debt to hit $1 trillion. Annual interest alone now exceeds that—a 'crushing legacy we must reverse,' says budget chair
By Fortune EditorsMarch 23, 2026
1 day ago
Personal Finance
Current price of oil as of March 23, 2026
By Fortune EditorsMarch 23, 2026
24 hours ago
Health
Trump has TACO'd again, this time in Iran, sparking a $1.7 trillion stock market rally in minutes, even as peace talks are in question
By Fortune EditorsMarch 23, 2026
21 hours ago
Personal Finance
Current price of silver as of Monday, March 23, 2026
By Fortune EditorsMarch 23, 2026
1 day ago