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VisitGerman Chancellor Scholz Loses Confidence Vote; Government Collapses, Elections Set for February 23, 2025
Dec 16, 2024, 03:44 PM
German Chancellor Olaf Scholz has lost a confidence vote in the Bundestag, paving the way for early elections on February 23, 2025. Only 207 out of 717 members of parliament backed him, triggering the dissolution of parliament and effectively ending his tenure as chancellor. The no-confidence vote follows the collapse of his three-party coalition government amid declining popularity of his Social Democratic Party (SPD).
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Markets
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Official announcements from the Bundestag or major news outlets
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Official statements from Olaf Scholz or reputable news outlets
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Official announcements from the SPD or coalition agreements reported by major news outlets
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Friedrich Merz • 25%
Annalena Baerbock • 25%
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Official election results announced by the German Federal Returning Officer
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Official election results announced by the German Federal Returning Officer