Germany is set to hold snap elections on February 23 after an agreement was reached among parties in the country’s fractured parliament on Tuesday, according to reports from public broadcaster ARD.

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Parties agree 23 February vote after chancellor torpedoed the coalition government by sacking finance minister.

The date for the German federal election has been set for Feb. 23, earlier than Chancellor Olaf Scholz had originally proposed.

German media are reporting that Chancellor Olaf Scholz is expected to ask for a vote of confidence in his government on Dec. 16.

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.

German Chancellor Olaf Scholz on Wednesday said he is "very happy" about the agreement reached by the country's main political parties to hold early elections on February 23. Speaking in the German parliament in Berlin,

Speaking in the Bundestag, Chancellor Olaf Scholz asked the opposition for help to pass several items of legislation before the February election, but the conservative CDU is reluctant.

A political crisis continues in Germany. On December 16, the Bundestag will vote on a confidence motion for Olaf Scholz's government. On Wednesday, the German Chancellor announced that he would officially request the Bundestag to vote on his government’s motion of confidence on December 11.