After German Chancellor Olaf Scholz dramatically fired Finance Minister Christian Lindner of the pro-business Free Democrats in a late-night move after a marathon of crisis meetings, the three remaining ministers of the Free Democrats also resigned later at night effectively leading to the government coalition's collapse.
However, in another unexpected turn of events, Transport Minister Volker Wissing from the Free Democrats took back last night's resignation and told reporters on Thursday morning in Berlin that after talking to Scholz, he had decided to stay on as minister and leave the party instead.
Lindner will receive his certificate of dismissal from President Frank-Walter Steinmeier on Thursday afternoon and, to ensure a smooth transition, a successor will likely be named right after. The posts of the research and justice ministers who resigned may also be filled Thursday, German news agency dpa reported.
Scholz announced late Wednesday that he would seek a vote of confidence on Jan. 15 that he said might lead to an early election as soon as March - which otherwise would have been be due next September.
Scholz had accused Lindner of breaching his trust and publicly calling for a fundamentally different economic policy, including what the chancellor said would be tax cuts worth billions for a few top earners while at the same time cutting pensions for all retirees.