German Chancellor Olaf Scholz has called for a snap election after his three-party coalition government collapsed. Scholz aims to conduct a confidence vote by January, seeking to advance the federal election from September to March.

The request follows the dismissal of Finance Minister Christian Lindner, who leads the Free Democratic Party (FDP). Scholz stated that Lindner rejected a proposal to relax government borrowing restrictions, which contributed to the coalition's instability.

"Too often, the necessary compromises were drowned out by publicly staged disputes and loud ideological demands,” Scholz remarked.

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