Germany is set to hold fresh elections on February 23, eleven weeks after the collapse of Chancellor Olaf Scholz's governing coalition, with sources on Tuesday saying the Social Democrats, Greens and conservatives had reached a compromise on timing.

After public bickering between Chancellor Olaf Scholz and the opposition, he and the Christian Democratic leader have settled on a new date for a confidence vote. Potential ensuing snap elections would force a new governing coalition,

German conservative leader Friedrich Merz launched his election bid with a stinging attack on Chancellor Olaf Scholz, calling the Social Democrat a “lightweight” and accusing him of sowing division in Europe’s biggest economy.