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Global Scans · Germany · Weekly Summary


  • Since 2010, the UK has seen the third-highest rate of growth in the G7-faster than Japan, Germany, France and Italy - and the IMF projects the UK to have the third-fastest cumulative growth in the G7 over the period 2024-28. theyworkforyou
  • EOS Australia has announced a deal with Diehl Defence, Germany, under which EOS will supply its advanced Slinger anti-drone system. Army Recognition
  • AfD's success has stoked concern among Germany's mainstream parties, who fear it could win three state elections in eastern Germany in September, even though recent polls have shown a slight decline in AfD support. The Guardian
  • 2024's budget includes a fallback clause that allows a potential debt brake suspension for 2024 - should the war in Ukraine escalate or allies like the United States reduce their support for Ukraine, which could prompt Germany to increase its share. Politico
  • Germany was facing similar problems to other eurozone economies - higher interest rates and the war in Ukraine - but with some additional issues of its own that will take time to solve and will require Germany's companies to adapt in order to survive. The Guardian
  • FRANKFURT, Germany - Deutsche Bank said Thursday that it would cut 3,500 jobs as part of efforts to slash costs by 2.5 billion euros ($2.7 billion) through 2025 and boost profits even as Germany's largest lender benefits from higher global interest rates. Story deutsche bank cut 3500 jobs records 45 billion 10
  • Ireland is competing against eight other member states, including France, Spain, Germany and Italy to host the agency, which would create an expected 400 jobs. RTE
  • The euro area got a downgrade, and was now expected to grow just 0.9% in 2024 and 1.7% in 2025, with the biggest European economy - Germany - expected to see minimal GDP growth of 0.5% in 2024 instead of the 0.9% forecast in October. Mint
  • India will remain the fastest-growing major economy for the next three years, putting it on track to become the world's third-largest economy by 2030, overtaking Japan and Germany. MarketScreener
  • 5G Consumers in the Netherlands, Germany and the US have all seen the switching off of 3G networks, and mobile providers in the UK will be retiring 3G this year to allow them to focus on fourth and fifth generation technology. North East Post
  • Officials at the European Space Agency forecast a budget of €1.75bn (£1.5bn; $1.9bn), with additional contributions coming from member states including Germany, France, Italy, the UK, the Netherlands and Switzerland. BBC News
  • Different countries started weighing in, such as Turkish and Iranian presidents expecting a verdict in Israel, and Germany saying it will respect any decision. Algemeiner.com
  • The new plant in Germany will enable BASF to cultivate weed species for scientific research and develop innovative solutions to specific challenges in modern agriculture. .foodingredientsfirst.com/
  • Pensioners in Germany have the opportunity to supplement their salaries with a part-time job. The Limited Times
  • SPRIND is part of the German Federal Government and has been set up to support innovators from Germany and neighbouring countries, creating a space where they can take risks. North West
  • Britain has offered Germany a swap of cruise missiles that could allow the German government a way to overcome concerns over a suggested delivery of missiles to Ukraine. The Independent
  • The US, Euro Area, Germany, France, and UK will be releasing PMI data later today. Invezz
  • The finance minister of Germany has said it can not keep up Ukraine's defence capabilities on its own in the long term and that others will need to increase bilateral contributions. The Guardian
  • Germany's top court on Tuesday stripped a neo-Nazi party of the right to public financing and the tax advantages normally extended to political organizations, a decision that could provide a blueprint for government efforts to head off a resurgence of the far right. Foundation for Defense of Democracies
  • While Germany has its own target for the use of e-kerosene at airports (0.5% in 2026 and 2% in 2030), France has pledged €200 million to support innovative SAF projects and has now caught up with Germany for production capacity. Transport & Environment
  • GERMANY underscored the WG Co-Chairs' assurance that they would be able to produce the WG reports by mid-2028, and expressed surprise at the ongoing opposition of some governments to responding to the UNFCCC's invitation to provide input into GST-2. IISD Earth Negotiations Bulletin
  • While Germany, the UK, and France have seen robotaxis running road tests, commercial operations remain a distant hope. MIT Technology Review
  • By 2024, several European countries such as Spain, Germany, and Ireland are expected to achieve an annual contribution of over 40% from wind and solar PV. MindsetEco

Last updated: 06 February 2024



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