National

Germany set for early elections on Feb 23 after coalition falls

Nov 13, 2024

Berlin [Germany], November 13: Germany is set to head to the polls on February 23 following the collapse of Chancellor Olaf Scholz's centre-left coalition.
Parliamentary leaders from the country's largest political parties - including Scholz's Social Democrats (SPD) and the opposition conservative Christian Democratic Union (CDU) - reached an agreement on Tuesday on a timetable to call the election, sources said.
Scholz is expected to table a vote of confidence in the Bundestag, the lower house of parliament, on December 16. If, as expected, he loses the vote, President Frank-Walter Steinmeier can call for elections to be held within 60 days.
The agreement follows a week of wrangling in Berlin after Scholz fired his finance minister, Christian Lindner from the pro-business Free Democrats (FDP), leading the party to withdraw from the unpopular three-way coalition with the SPD and Greens that came to power in 2021. The FDP's exit - a product of months of acrimonious negotiations over the government's proposed 2025 budget - left the chancellor without a majority in the Bundestag and effectively unable to govern.
Scholz has a mountain to climb if he is to retain his position, with his SPD polling on 15% and the Greens, who are likely to pick Economy Minister Robert Habeck as their candidate for chancellor later this week, currently on 10%.
The CDU and its Bavarian sister party, the Christian Social Union (CSU), have a clear advantage in the polls, with 32% of voters signalling support for the centre-right bloc led by Friedrich Merz in the latest survey. The deal to hold elections on February 23 offers voters, politicians and business leaders much-needed clarity on Germany's path forward following a political crisis that coincided with Donald Trump's victory in the US presidential election.
Scholz initially proposed holding a vote of confidence in January ahead of a potential election date in late March. However, he faced huge pressure from opposition parties to bring the timetable forward amid demands for a quick election to provide leadership and direction for the country's struggling economy.
Source: Qatar Tribune

More news

Eventions’ IPO to Open on September 30, 2026; Company Aims to Raise Rs. 38.12 Crore

Gurgaon (Haryana) [India], September 28: Eventions Limited (“Company”), a growing player in the MICE and corporate events space, with capabilities spanning event planning, execution, incentive travel and brand activations across India and international destinations, announced the opening of its Initial Public Offering (IPO). The Issue will open for subscription on Wednesday, September 30, 2026 and will close on Monday, October 5, 2026. The Equity Shares are proposed to be listed on the NSE SME platform. The Company is offering 32,30,400 Equity Shares with a face value of Rs. 10 each at a price band of Rs. 112 to Rs. 118 per Equity Share, aggregating up to Rs. 38.12 crore at the upper end of the price band. Media Release – Eventions’ IPO.

Sep 28, 2026