Germany’s President Dissolves Parliament, Sets National Election for Feb. 23

German President Frank-Walter Steinmeier dissolves the German parliament, the Bundestag, during a statement to the media, after Chancellor Olaf Scholz lost a confidence vote, at Bellevue palace in Berlin, Germany December 27, 2024. (Reuters)
German President Frank-Walter Steinmeier dissolves the German parliament, the Bundestag, during a statement to the media, after Chancellor Olaf Scholz lost a confidence vote, at Bellevue palace in Berlin, Germany December 27, 2024. (Reuters)
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Germany’s President Dissolves Parliament, Sets National Election for Feb. 23

German President Frank-Walter Steinmeier dissolves the German parliament, the Bundestag, during a statement to the media, after Chancellor Olaf Scholz lost a confidence vote, at Bellevue palace in Berlin, Germany December 27, 2024. (Reuters)
German President Frank-Walter Steinmeier dissolves the German parliament, the Bundestag, during a statement to the media, after Chancellor Olaf Scholz lost a confidence vote, at Bellevue palace in Berlin, Germany December 27, 2024. (Reuters)

German President Frank-Walter Steinmeier on Friday ordered parliament dissolved and set new elections for Feb. 23 in the wake of the collapse of Chancellor Olaf Scholz's governing coalition.

Scholz lost a confidence vote on Dec. 16 and leads a minority government after his unpopular and notoriously rancorous three-party coalition collapsed on Nov. 6 when he fired his finance minister in a dispute over how to revitalize Germany’s stagnant economy.

Leaders of several major parties then agreed that a parliamentary election should be held on Feb. 23, seven months earlier than originally planned.

Since the post-World War II constitution doesn’t allow the Bundestag to dissolve itself, it was up to Steinmeier to decide whether to dissolve parliament and call an election. He had 21 days to make that decision. Once parliament is dissolved, the election must be held within 60 days.

In practice, the campaign is already well underway. Polls show Scholz’s party trailing the conservative opposition Union bloc led by Friedrich Merz. Vice Chancellor Robert Habeck of the environmentalist Greens, the remaining partner in Scholz’s government, is also bidding for the top job — though his party is further back. If recent polls hold up, the likely next government would be led by Merz as chancellor in coalition with at least one other party.

Key issues include immigration, how to get the sluggish economy going, and how best to aid Ukraine in its struggle against Russia.

The populist, anti-immigration Alternative for Germany, or AfD, which is polling strongly, has nominated Alice Weidel as its candidate for chancellor but has no chance of taking the job because other parties refuse to work with it.

Germany’s electoral system traditionally produces coalitions, and polls show no party anywhere near an absolute majority on its own. The election is expected to be followed by weeks of negotiations to form a new government.

It’s only the fourth time that the Bundestag has been dissolved ahead of schedule under Germany’s post-World War II constitution. It happened under Chancellor Willy Brandt in 1972, Helmut Kohl in 1982 and Gerhard Schroeder in 2005. Schroeder used the confidence vote to engineer an early election narrowly won by center-right challenger Angela Merkel.



Iran Says 2025 ‘Important Year’ for Nuclear Issue

Iran's Foreign Minister Abbas Araqchi speaks as he meets with his Iraqi counterpart Fuad Hussein, in Baghdad, Iraq, October 13, 2024. (Reuters)
Iran's Foreign Minister Abbas Araqchi speaks as he meets with his Iraqi counterpart Fuad Hussein, in Baghdad, Iraq, October 13, 2024. (Reuters)
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Iran Says 2025 ‘Important Year’ for Nuclear Issue

Iran's Foreign Minister Abbas Araqchi speaks as he meets with his Iraqi counterpart Fuad Hussein, in Baghdad, Iraq, October 13, 2024. (Reuters)
Iran's Foreign Minister Abbas Araqchi speaks as he meets with his Iraqi counterpart Fuad Hussein, in Baghdad, Iraq, October 13, 2024. (Reuters)

Iran, bracing for a possible re-imposition of incoming US president Donald Trump's "maximum pressure" policy, said on Saturday that 2025 would be an important year for its nuclear issue.

Trump in 2018 reneged on a deal struck by his predecessor Barack Obama in 2015 in which Iran agreed to curb uranium enrichment, which can yield material for nuclear weapons, in return for the relaxation of US and UN economic sanctions.

"2025 will be an important year regarding Iran's nuclear issue," Foreign Minister Abbas Araqchi told reporters in Beijing, adding in remarks aired by Iran's state TV that he had discussed the issue in talks with his Chinese counterpart.

He did not mention Trump by name, however, or spell out how the year might be significant.

Iranian leaders' main concern may be that Trump could empower Israeli Prime Minister Benjamin Netanyahu to attack Iran's nuclear sites, while further tightening US sanctions on its crucial oil industry.

The Iranian rial on Saturday hit a new all-time low against the US dollar amid uncertainty about Trump's arrival in the White House on Jan. 20.

The rial plunged to 820,500 to the dollar on the unofficial market, compared to 808,500 rials on Friday, according to Bonbast.com, which reports exchange rates. The bazar360.com website also said the dollar was being sold for about 820,500 rials.

Also facing an inflation rate officially put at about 35%, Iranians seeking to shelter their savings have been buying dollars, other hard currencies, gold or cryptocurrencies, and the rial has dropped about 18% in all since Trump was elected in November.