AGP Executive Report
Last update: 10 hours agoCoalition Turmoil: Labour Minister Bärbel Bas has resigned as minister and SPD co-leader, citing bereavement and attacks from coalition partners. Her departure risks complicating pension reform as Chancellor Friedrich Merz’s government faces weak polls and rising AfD support. Russia Policy: Berlin says it will maintain sanctions despite a reported US-Russia diesel deal. AfD and BSW politicians are pressing for renewed Russian fuel imports, citing rising costs. Defence: Germany’s budget committee has approved four more MEKO A-200 frigates, while Airbus has test-flown a US-built Valkyrie drone in Europe as part of a project targeting German Air Force readiness by 2029. Industry: GlobalFoundries marked a milestone in its €1.1 billion Dresden expansion, aiming to lift annual chip capacity above one million wafers by 2028. Security: The arrest of former intelligence chief August Hanning in an espionage investigation has shaken Germany’s spy services, with authorities examining alleged links to China.
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