German Chancellor Olaf Scholz called for a snap election after divisions over how to revive the lackluster economy triggered the breakup of his fractious three-party ruling coalition.Most Read from BloombergParis Restricts Through Traffic in City CenterKey Ballot Initiatives and Local Races Highlight Views on Abortion,

Political turmoil comes as Germany’s economy is expected to shrink in 2024 for the second year in a row, or at best stagnate.

The chancellor’s left-leaning Social Democrats will now effectively lead a minority government with its remaining coalition partner.