Daily Briefing 02.07.2026, 16:42 (CEST)

German coalition agrees sweeping reforms in push to revive economy

Germany's governing coalition has agreed on a major 34-point reform package spanning taxation, labour market reforms and bureaucratic processes designed to "get Germany back on its feet" af...

Franco-German KNDS postpones planned IPO amid market volatility

Franco-German defence group KNDS has postponed its planned stock market listing, saying it will wait for more favourable market conditions amid ongoing volatility.

Heatwave and rising costs put German wheat harvest under pressure

German farmers fear reduced wheat yields following a period of extreme heat in late June, with the president of the German Farmers' Association, Joachim Rukwied, warning on Thursday of harv...

Report: German football leaders recommend split with Nagelsmann

German football leaders have suggested national coach Julian Nagelsmann should depart the job following a three-hour meeting, the Bild newspaper reported on Thursday.

German mechanical engineering orders dip as eurozone demand slumps 21%

Orders in Germany's mechanical engineering sector fell 1% in real terms in May compared with the same month a year earlier, weighed down by weak demand from eurozone partner countries, the ...

Germany's Pistorius says tensions with Trump 'no marriage crisis'

German Defence Minister Boris Pistorius has dismissed tensions with US President Donald Trump as "no marriage crisis," saying he was unaware of what military support Washington was seeking ...

Strike at Germany's Postbank averted as unions agree pay deal

Trade unions and employers averted strikes at Germany's Postbank at the last minute with a collective bargaining compromise on Thursday, with the Verdi union saying it is calling off a stri...

Two dead, one injured after German hospital fire

Two people have died in a fire at a hospital in the northern German town of Ludwigslust, near Schwerin, officials said on Thursday.

Man shot dead during police operation in western Germany

A 42-year-old man was shot dead during a police operation in the western German city of Remscheid on Wednesday evening, authorities said.

Institute: More than 800 heat-related deaths in Germany so far in 2026

There have already been more than 800 heat-related deaths in Germany this year, not including the worst days of the heatwave, Germany's disease control and prevention institute, the Robert ...