German lawmakers reportedly near agreement for early election in February

The word on the street is that it might take place in mid-February but that is also dependent on when chancellor Olaf Scholz will be expected to face a vote of confidence. As things stand, the latter is scheduled for 15 January next year. If that is brought forward, then there is a good chance of the election taking place sooner. If the original schedule is upheld, the election should take place in late March instead.

Update: Focus Online says that the confidence vote could be held on 18 December while Rheinische Post reports othat the proposed date for the election is on 23 February currently.

This article was written by Justin Low at www.forexlive.com.

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