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Germany
Péter Magyar, Hungary’s Prime Minister, will meet German Chancellor Friedrich Merz on Tuesday and French President Emmanuel Macron on Wednesday. This tour focuses on restoring Hungary’s relations with the EU, following a political agreement to unlock €16.4 billion in blocked EU funds.
Germany plans to acquire a 40% stake in tank and weapons maker KNDS, which is currently under French control. Following an initial public offering, Germany aims to reduce its stake to 30% within two to three years while gaining rights equivalent to those of the French state.
Former German Chancellor Angela Merkel received the European Order of Merit on Tuesday. In her acceptance speech, she emphasised that Europe can no longer assume peace and security, highlighting concerns over Russia’s invasion of Ukraine and shifting US security policies that indicate a loss of established certainties.
Germany’s leadership in Europe has weakened following Angela Merkel’s retirement, leaving Olaf Scholz’s government operating as a caretaker amid crises, including economic pressures and geopolitical tensions.
Cliff Notes – Thomas Müller to leave Bayern Munich at end of season Thomas Müller…
Cliff Notes – Bosnian Serbs declare German official persona non grata German Secretary of State…
Amid all the chaos in the world, it’s important to remind yourself there are plenty of great things happening, too. This week we’re looking at the great efforts in Germany in turning sewage into shipping fuel.
Volkswagen and BMW have reported booming sales in the United States as Donald Trump is set to announce a new wave of US tariffs on non-American goods.
The German Bundestag approved a €500 billion fund to boost defense and infrastructure spending, marking a significant shift from the country’s traditional fiscal conservatism. The legislation proposes easing Germany’s strict debt rules, allowing increased borrowing to enhance military capabilities and stimulate economic growth.
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