German President Dissolves Parliament and Sets New Elections

• German President Frank-Walter Steinmeier dissolves Parliament and sets new elections for February 23.

• The decision follows the collapse of Chancellor Olaf Scholz’s coalition.

• Scholz lost a confidence vote on December 16 and leads a minority government.

• The coalition collapsed on November 6 after Scholz fired his Finance Minister over economic revitalization.

• Steinmeier dissolved Parliament after no agreement among political parties on a majority for a new government.