Germany will hold snap general elections on February 23 after the collapse of Chancellor Olaf Scholz's center-left coalition, DPA and AFP reported, citing parliamentary sources.

The sources said parliamentary leaders from Scholz's Social Democrats (SPD) and the conservative Christian Democratic Union (CDU) reached an agreement on the date on Tuesday.

Scholz is expected to call a vote of confidence in the lower house of parliament, the Bundestag, on Dec. 16 so that elections can take place.

The breakup of the tripartite ruling coalition was triggered by Scholz's dismissal of Finance Minister Christian Lindner from the Free Democrats (FDP), leading to the FDP's withdrawal from the government.

The FDP's withdrawal left Scholz without a majority in the Bundestag.