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Federal Economy Minister Katherina Reiche is accused of criticizing an EU regulation to reduce methane emissions and attempting to hinder its implementation after meetings with representatives of the US gas industry. Environmental organizations accuse her of representing the interests of the fossil fuel industry.
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The draft budget for 2027, presented by Federal Finance Minister Lars Klingbeil, plans for expenditures of around 670 billion euros, with approximately 200 billion euros to be financed by new loans. Critics point to insufficient growth impulses and missed investment rates.
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EU Foreign Affairs Chief Kallas failed to establish a defense body due to resistance from Germany and France. A power struggle exists between Kallas and Commission President von der Leyen over responsibilities in common foreign and defense policy.
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Interest payments on German government debt could rise significantly in the coming years. The interest rate increase alone since last year will cost taxpayers an additional 58 billion euros in five years. A further 100 basis point interest rate hike could increase the burden by another 71 billion euros by 2031.
Companies & MarketsTrade & ConsumptionLaws & Rights
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The German government proposes changes to the new EU packaging regulation to relieve small businesses. Companies with less than ten tons of packaging per year would be exempt from appointing a foreign representative and from registration requirements until 2028. Business associations welcome the proposal but call for further measures.
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The European Court of Justice ruled that freedom of expression does not justify using well-known brands in political campaigns. The Belgian party Vlaams Belang cannot present its migration plan in an IKEA style, as this may infringe on the trademark owner's rights.
Companies & MarketsTrade & ConsumptionIT & Internet
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Uzbek companies are increasingly developing local brands for domestic and international competition. Industrial production rose 6.8% in 2025, with exports increasing 24% to approximately 29 billion euros.
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Former Philippine House Speaker Martin Romualdez has been arrested on corruption charges. He is accused of receiving millions in bribes from flood control projects, some of which were not built.
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The European Court of Justice ruled that the Belgian party Vlaams Belang may not use the IKEA brand for its immigration political campaign without permission. The use was deemed an infringement of trademark rights that could disproportionately harm the company.
Companies & MarketsIndustry & ProductionIT & Internet
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Germany's electrical industry saw an order increase of 12.6 percent year-on-year up to July. Business expectations are the best they have been in over three years, attributed to digitalization and investments in artificial intelligence.
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