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. Scholz dismissed Finance Minister Christian Lindner late Wednesday, saying that the chairman of the pro-business FDP party had refused a proposal to suspend rules limiting new government borrowing.

Christian Keller, Barclays (BCS) head of economic research, says Germany will likely see a two-party coalition government next, and Berlin would need to find answers to solve the current struggles in the energy sector. He joins "The Pulse with Francine Lacqua" on Bloomberg TV.

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