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AI-generated
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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The Saxony-Anhalt state election could cause a political earthquake with the AfD potentially securing over 40 percent of the vote. This could break the taboo of a far-right party in a state government and intensify debates on migration, climate policy, and Ukraine, complicating the EU's dealings with Germany.
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EU auditors criticize that despite significantly increased defense spending, defense readiness remains a challenge until 2030. The rearmament also endangers public finances through increasing debt financing.
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VW preferred shares rose by almost six percent after the supervisory board approved a restructuring plan. This plan involves cutting 50,000 jobs, half of which will be in Germany.
Companies & MarketsFinance & Stock MarketIT & Internet
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Norway's sovereign wealth fund is examining crisis scenarios for its equity portfolio. Geopolitical tensions could lead to a 30-40% loss in value, while a failure of the AI boom could result in losses of 18-35%.
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Ten members of the Bündnis Sahra Wagenknecht (BSW) party have resigned in Thuringia. This development could lead to a renaming of the party.
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The federal government and the state are providing 110 million euros for the renovation of Friedenstein Castle, with each contributing half. The funds will secure the historic building fabric and improve its use for museums and research.
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AI-generated
France is providing farmers with one billion euros in emergency aid to prevent bankruptcies and support production. Up to 35,000 farms are threatened with insolvency.
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The state election in Saxony-Anhalt could challenge Chancellor Friedrich Merz as the AfD leads in polls. An AfD absolute majority is not ruled out and could plunge the federal government into crisis. Experts warn of risks with a potential AfD state government.
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