Millions of Germans are voting in snap elections. The centre-right CDU is predicted to win the biggest share of votes, putting its leader Friedrich Merz in pole position to be next chancellor. Follow live updates.

Outgoing German chancellor Olaf Scholz conceded the election and decried the historic gains of the far-right conservative party, AfD. Early exit polls show AfD is headed for second place, while opposition leader Friedrich Merz’s conservatives are in the lead and Scholz’s party fell to third.

BERLIN (Reuters) - The leader of the far-right Alternative for Germany (AfD), the second largest party in parliament after Sunday's election, said Germany's likely next chancellor would be held hostage by left-wing parties that would seek to loosen tough fiscal rules.