Saturday, February 28, 2026

Germany to Hold Snap Election on February 23 After Scholz Defeat

Germany is set for a snap election, scheduled for February 23 following the collapse of Chancellor Olaf Scholz’s government following a failed confidence vote on Monday. The election comes as opposition leader Friedrich Merz’s conservative alliance maintains a strong lead in polls and the economy faces stagnation.

Scholz’s formal defeat in a parliamentary confidence vote, with 394 against, 207 in favor and 116 abstentions, marks the latest step toward elections where seven major parties will compete for seats in the Bundestag.

Latest opinion polls show Merz’s CDU/CSU alliance at 32%, followed by the far-right AfD at 18% and Scholz’s Social Democrats at 16%. The Greens, led by Economics Minister Robert Habeck, stand at 14%.

Merz, a former European Parliament member and BlackRock executive who returned to politics in 2021, has moved the CDU rightward from predecessor Angela Merkel’s centrist positions. He recently visited Kyiv, advocating for a “common vision” for peace in Ukraine ahead of US President-elect Trump’s arrival in office.

The German central bank has cut growth forecasts by 0.2%, predicting economic stagnation through early 2025. The automotive sector faces “structural” problems, with Volkswagen among manufacturers announcing layoffs.

Immigration has emerged as a key campaign issue following AfD’s regional election gains. The party’s chancellor candidate Alice Weidel has gained support through populist policies, particularly on migration. The collapse of Syria’s Assad regime has intensified debate in Germany, which accepted more Syrian refugees than any other European nation during the civil war.

Read: How the Far-Right AfD’s Historic Win Signals a Troubling Shift in Germany

While Merz appears likely to become chancellor, forming a stable coalition government remains uncertain. The CDU/CSU is expected to fall short of an outright majority in the 630-seat Bundestag, necessitating partnership with other parties, potentially including the SPD, Greens, Free Democrats, left-wing BSW, or Die Linke.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Can the World Actually Supply $6 Copper? | Greg Ferron – PTX Metals

1911 Gold: The Power Of A Mine Restart

Is Gold Repeating the 2005 Setup Before The Big Run? | Geordie Mark

Recommended

Advanced Gold Acquires Nevada Property With Historic Production At 1,611 g/t Silver

Steadright: Atrium Research Initiates Coverage With $0.50 Price Target

Related News

German Music Rights Group Sues OpenAI Over Song Lyrics

Germany’s music rights organization GEMA sued OpenAI in Munich regional court for alleged copyright infringement,...

Saturday, November 16, 2024, 07:41:00 AM

Germany Raids Properties Linked to Climate Activists

German authorities have conducted nationwide raids on 15 properties associated with the Last Generation climate...

Thursday, May 25, 2023, 10:06:34 AM

Germany Mulls Extending Lifespan of Nuclear Power Plants as EU Energy Crisis Worsens

It appears that Germany may soon be forced to do a sheepish 180-degree U-turn on...

Tuesday, July 26, 2022, 11:47:00 AM

Tesla’s European Factory Construction Halted Following Environmental Concerns

Over the past several days, Tesla’s value soared to an astronomical $611 billion market cap...

Wednesday, December 9, 2020, 04:37:00 PM

Tesla European Sales Crash as Musk’s Political Activities Alienate Buyers

Tesla‘s (Nasdaq: TSLA) European sales plummeted 45% in January compared to the previous year, data...

Wednesday, February 26, 2025, 12:11:00 PM