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The German federal government plans to abolish penalty-free early retirement for those with long insurance records, facing opposition from eight state premiers. The measure costs the pension insurance around 400 million euros annually, with savings only materializing after five years due to transition periods.
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Agriculture Minister Alois Rainer plans to increase agricultural subsidies while the federal government intends to save on housing benefits. Farmers are to receive 60 million euros without application, in addition to interest-subsidized loans and tax privileges. The grain harvest is average for the years 2020 to 2025.
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Dr. Nikolas Stihl of chainsaw manufacturer Stihl criticizes Germany's economic situation, calling for bold reforms. He points to a loss of 15 percent of industrial production and 15,000 industrial jobs per month. Stihl advocates for reducing bureaucracy, lowering labor costs, and incentivizing research and development.
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The AfD leads in polls for the Saxony-Anhalt state election with 42 percent, while the CDU is at 22 percent. Key issues are integration, education, and the economy. Satisfaction with the state government is low, and many perceive the AfD as more capable of solving problems.
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High fuel prices in Europe are due to tight refinery capacities, disrupted trade routes, and a general diesel shortage, despite moderate crude oil prices. Refinery margins are high as demand for finished products exceeds supply.
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By 2040, 30 percent of Germany's working population will retire, slowing economic growth. McKinsey suggests Germany could achieve up to 2.6 percent growth by 2030 through productivity increases and higher labor volume.
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Germany's economy grew by 0.3 percent in the second quarter of 2026, exceeding expectations. Forecasts for the full year 2026 have been raised to 1.3 percent or higher.
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A survey of law students and legal trainees indicates that willingness to move to Saxony-Anhalt drops from 57.7% to 17.7% under a potential sole AfD government. This could worsen the existing staff shortage in the state's judiciary.
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Hungarian universities are once again permitted to participate in the Erasmus programme following a decision by the EU Commission. This is part of a package of measures aimed at combating corruption and releasing EU funds, which also includes the dissolution of foundations and the return of universities to state control.
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Portugal is negotiating with Air France-KLM and Lufthansa regarding the sale of up to 49.9 percent of the airline TAP. Both bidders have submitted binding offers that are close to each other, according to the government.
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