Volkswagen Restructuring: Volkswagen is planning deeper cost cuts, with reports of up to 100,000 job losses worldwide and possible closure of four German plants (Hanover, Zwickau, Emden, plus Audi Neckarsulm), even as an employment guarantee with IG Metall runs to at least 2030. Heatwave Emergency: A record-breaking European heatwave has pushed Germany to a new all-time high of about 41.5°C, with transport disruptions and extreme measures like water misting in Berlin; the wider crisis is linked to rising deaths and infrastructure strain. Defense Shake-up: Germany’s FCAS 6th-generation fighter program with France has effectively ended, leaving Berlin weighing Eurofighter purchases, possible extra F-35s, and new drone development while searching for a next flagship path. ECB Inflation Warning: ECB board member Isabel Schnabel says more rate rises may still be needed despite easing energy risks, as inflation remains above target and financial stability risks grow. Digital Euro Move: The European Parliament backed the digital euro position, keeping a possible 2029 launch on track after remaining negotiations. BND Modernisation: Germany’s spy agency is being pushed to modernise and expand for a tougher Russia-focused era, as Berlin tries to move beyond a historically cautious posture. Archaeology in Hesse: A new Iron Age princely grave near Bad Camberg was found ahead of a solar park, with gold jewelry, imported goods and weapons pointing to a local Celtic elite.