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Germany and France have agreed to end their ambitious joint project to develop a next-generation fighter jet after years of disagreements between key industry partners. German Chancellor Friedrich Merz and French President Emmanuel Macron concluded that there was little chance of resolving the deadlock between Airbus and Dassault Aviation, leading to the decision to scrap
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Germany’s far-right party, the Alternative for Germany (AfD), is gaining strong support in eastern Germany as Chancellor Friedrich Merz struggles with falling approval ratings and economic concerns. In Saxony-Anhalt, AfD leader Ulrich Siegmund believes the party could secure its first state premiership in the September elections. The AfD has been attracting voters through
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German Chancellor Friedrich Merz said he would currently discourage his children from studying or working in the United States, pointing to what he described as a worsening social climate and shrinking opportunities even for highly educated professionals. Speaking at a Catholic convention in Wuerzburg, Merz said Germany now offers stronger prospects for young people. His
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Commerzbank announced plans to cut 3,000 jobs and raise its long-term profit targets as it fights to remain independent amid a takeover attempt by Italy’s UniCredit. The German bank said the restructuring would strengthen revenue and profitability by 2028, while criticizing UniCredit’s €37 billion takeover proposal as unclear and risky. Commerzbank also expects around €450
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Germany has suspended a controversial requirement that men of military age seek approval for extended stays abroad, Defence Minister Boris Pistorius announced after public concern over new military service rules. The regulation, introduced under the Military Service Modernisation Act that took effect in January, had required males aged 17 and above to obtain permission