AGP Executive Report
Last update: 6 hours agoDefence Industry: Boris Pistorius wants Germany to decide by the end of March whether to join the British-Italian-Japanese GCAP fighter programme or pursue an Airbus-led European project, after the Franco-German FCAS plan collapsed. Berlin has also agreed to buy a 50% stake in KNDS, maker of Leopard tanks and PzH 2000 howitzers. Politics: Chancellor Friedrich Merz’s conservatives have backed Bavarian politician Ilse Aigner for president, putting her on course to become Germany’s first woman in the largely ceremonial role in 2027. Economy: Industrial output rose 0.7% in September and factory orders rebounded 4.4%, but economists cautioned that the recovery remains fragile. More than 400,000 industrial workers took part in wage protests. Ukraine: Merz is due to discuss further support for Kyiv with Hungary’s prime minister in Berlin on November 10; Germany has proposed another €100 million for Ukraine’s infrastructure.
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