German Chancellor Olaf Scholz previously suggested new vote could be held in March, following the breakdown of his ruling coalition.
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00:00Germany is set to hold snap elections on the 23rd of February.
00:06That is according to domestic media reports.
00:09It comes after internal conflict left the country's ruling coalition ruptured last week.
00:14The so-called traffic light coalition, made up of Chancellor Olaf Scholz's Social Democrats,
00:19the Liberal FDP and the Greens, collapsed on 6 November after Scholz fired Finance Minister
00:25Christian Lindner.
00:28Scholz previously suggested a no-confidence vote to be held on 15 January, with elections
00:33following around March.
00:36But this was rejected by Friedrich Merz, head of the country's largest opposition party
00:40CDU, who argued that Scholz's government were no longer able to claim a parliamentary majority
00:46in order to run the country effectively.
00:51Local media reports say that the leaders of the conservative Christian Democratic Union
00:55and Scholz's Social Democrats reached the agreement on Tuesday, with a special session
01:00planned for the evening to discuss further action.