Global Scans · Germany · Weekly Summary

• [New] European leaders, including German Chancellor Friedrich Merz, have openly expressed anxieties that the United States might not uphold its mutual defence commitments unconditionally, particularly under a potential future U.S. President Donald Trump. DebateUS
• [New] Indirect effects via the slowdown in exports to Germany will be significant for several Central European countries, but could subsequently be offset by the expected recovery in German growth. economic-research.bnpparibas.com
• [New] We expect decent growth to continue in Southern Europe, and - putting the tariff impact to one side - we expect Germany's fiscal plans could add 1% -2% to the rate of GDP growth in due course. Invesco
• [New] Germany plans to increase its defence spending to 3.5% of GDP by 2029, up from the 2% NATO benchmark it met for the first time in 2024. The Cipher Brief
• [New] Germany to Raise Defence Spending to 3.5% of GDP by 2029, Ahead of NATO Summit Push Germany's finance minister announced plans to increase defence spending to 3.5% of GDP by 2029. Leverage Edu
• [New] Growth in the United States and China is expected to slow, at 1.8% and 4.0% respectively, while the euro area is projected to gain a modest 0.8%, weighed down by Germany's industrial slowdown and soft external demand. GAC
• [New] Germany plans to increase its defence budget to €153 billion by 2029, or 3.5% of its gross domestic product. Militarnyi
• [New] Defence spending is set to rise from 2.4% of GDP in 2025, as the German government moves to strengthen its armed forces amid growing security threats from Russia and continued pressure from US President Donald Trump. Deutsche Welle
• [New] Germany plans to increase its defence budget to 3.5% of GDP over the next five years. Deutsche Welle
• [New] German Chancellor Friedrich Merz has called for Europe to boost its defence spending and reduce reliance on the United States, warning that American support is no longer guaranteed. Deutsche Welle
• [New] Europe's problem is that there is no obvious country, or even grouping of countries like the U.K., France, Germany and Poland, that could truly compensate for a lesser American involvement. Politico
• [New] Germany will simultaneously have the largest defence budget, the most powerful industry, if only through domestic demand, and the largest population. Meta-Defense.fr
• [New] With €160 billion per year, Germany is expected to have the third largest defence budget in the world by 2030. Meta-Defense.fr
• [New] Forecasts predict annual costs of €1,400 per German household if Brussels locks in carbon prices between €200 and €300 per ton. The American Spectator | USA News and Politics
• [New] New government spending on infrastructure and defence, mainly in Germany, should bolster euro area domestic demand from 2026 onwards. European Central Bank
• [New] In summary, Germany's economic reboot is centered on innovation, sustainability, and digitalization, with the ambitious target of achieving carbon neutrality by 2045. US Newsper
• [New] Relations between Russia and Germany could worsen entirely if Berlin decides to supply Ukraine with German-operated Taurus missiles. teleSURenglish
• [New] The next regional implementation of Landing Zone Accelerator on AWS will support customers with workloads in Germany. Forrester
• [New] The delivery centers in Germany will support automakers in developing and deploying TCS' software-driven services that cater to autonomous driving, infotainment, safety systems, and connected vehicle technologies. Automotive World
• [New] As the world continues to grapple with economic uncertainty, Germany's latest data offers a ray of hope and signifies potential recovery pathways. FX.co
• [New] Major markets show minimal growth potential: Germany, Japan, UK, indicating subscription-first strategies may have reached natural limits. Journalism.co.uk
• [New] Even increasing defence spending to just 3.5% of GDP would still explode national budgets, especially for countries such as Italy or Spain that do not have the fiscal flexibility of Germany or the threat perceptions of Poland or the Baltic states. Council on Foreign Relations

Last updated: 01 July 2025