AGP Executive Report
Last update: 2 hours agoUkraine and Europe: Chancellor Friedrich Merz says EU members must share the cost of supporting Ukraine, tying future funding to negotiations on the bloc’s long-term budget. EU leaders are due to discuss Ukraine’s 2027 financing needs later this month; Germany also joined US and European partners in calling for credible security guarantees ahead of Ukraine-Russia talks in Abu Dhabi. Presidential Race: Ilse Aigner is poised to become Germany’s first female president after winning backing from governing parties and the Greens. The Federal Convention votes on January 30. Jobs and Industry: A survey of more than 1,000 companies found 32% plan to cut jobs in 2027, while 80% expect output to stagnate or fall. Vodafone will cut 2,300 German jobs as it restructures. Military Security: Germany has immediately banned commercially available Chinese drones from barracks and training grounds over concerns they could expose sensitive information. Energy: Siemens Energy plans up to €9 billion in additional share buybacks through 2030, on top of an existing programme of up to €6 billion.
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