Germany needs to take on new debt to strengthen its defence and infrastructure, Finance Minister Lars Klingbeil said while defending the government’s 2027 budget. He argued that increased borrowing is necessary to address growing security threats and years of underinvestment. Germany plans to borrow €838.2 billion between 2027 and 2030, while total investment is
The Rhine River in Germany has fallen to record-low levels amid a prolonged heatwave and scarce rainfall, disrupting one of Europe’s most important commercial waterways. At the Kaub chokepoint near Koblenz, navigable water depth dropped to just 15 cm on Tuesday, below the previous record low of 25 cm recorded in 2018. The extremely shallow […]
Germany’s far-right Alternative for Germany (AfD) is leading polls in two eastern states ahead of September elections, despite economists warning that some of the party’s policies could hurt the regions’ already fragile economies. The AfD is polling at around 41% in Saxony-Anhalt and 36% in Mecklenburg-Vorpommern, where shrinking populations, labour shortages and lower
Germany’s services sector showed signs of stabilising in July as business activity contracted at a much slower pace and demand began to recover. The HCOB Germany Services Purchasing Managers’ Index (PMI) rose to 49.8 from 48.6 in June, its highest reading in recent months and just below the 50-point mark that separates contraction from growth. […]
Germany’s economy likely recorded modest growth in the second quarter of 2026 despite challenges from the Middle East conflict, according to the Bundesbank. The central bank said strong industrial activity, steady exports, and resilient consumer spending helped offset the impact of higher energy and commodity prices. The Bundesbank noted that Germany’s
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





