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Today 6 July Briefing Read full brief

Berlin races to reform itself faster than the far right it no longer trusts with power

Chancellor Friedrich Merz's coalition struck a 34-point reform deal -- about €10 billion in tax relief and a doctor's-note requirement from day one of sick leave -- aimed at blunting the AfD, which now polls 41 percent in Saxony-Anhalt; days later the party re-elected Alice Weidel and Tino Chrupalla at its Erfurt congress as Defense Minister Boris Pistorius vowed to withhold state secrets from any AfD-led government. Berlin also summoned China's ambassador over reports it trained Russian troops and launched a sovereign combat-cloud project independent of France.

Key Indicators
Full catalog · 44

Upcoming

26 key official events ahead
July 2026
Summit
NATO Summit, Ankara

36th NATO summit, hosted by Türkiye on 7-8 July 2026 at the Beştepe Presidential Compound; heads of state and government, including the German Chancellor, address defence-spending targets, Ukraine support and deterrence posture.

Statistics
Destatis: final consumer price index, June 2026

Final June 2026 inflation reading with the full CPI/HICP category breakdown. (provisional date — exact mid-month day not yet posted by Destatis)

Central Bank
ECB Governing Council monetary policy decision (July 2026)

Scheduled Governing Council monetary policy meeting; rate decision at 14:15 CET and press conference at 14:45 CET.

Statistics
Destatis: preliminary consumer price index, July 2026

Flash estimate of July 2026 inflation, released near month-end. (provisional date — exact day not yet posted by Destatis)

August 2026
Statistics
Destatis: final consumer price index, July 2026

Final July 2026 inflation reading with detailed category breakdown. (provisional date — exact mid-month day not yet posted by Destatis)

Statistics
Destatis: preliminary consumer price index, August 2026

Flash estimate of August 2026 inflation, released near month-end. (provisional date — exact day not yet posted by Destatis)

September 2026
Election
Saxony-Anhalt state election (Landtag)

Election to the Landtag of Saxony-Anhalt; a closely watched eastern-state contest given strong AfD polling, with national coalition-stability implications.

Central Bank
ECB Governing Council monetary policy decision (September 2026)

Scheduled Governing Council monetary policy meeting; rate decision at 14:15 CET, press conference at 14:45 CET. Accompanied by the updated ECB staff macroeconomic projections.

Statistics
Destatis: final consumer price index, August 2026

Final August 2026 inflation reading with full category breakdown. (provisional date — exact mid-month day not yet posted by Destatis)

Election
Mecklenburg-Vorpommern state election (Landtag)

Election to the Landtag of Mecklenburg-Vorpommern; an eastern-state vote held the same day as the Berlin election, with AfD and SPD strength in focus.

Election
Berlin state election (Abgeordnetenhaus)

Election of the 20th Abgeordnetenhaus of Berlin and the district assemblies; a major city-state contest shaping governance of the capital.

Parliament
Bundestag first reading of the 2027 federal budget

Opening Bundestag debate on the draft Bundeshaushalt 2027, traditionally held in a September sitting week after the summer recess and including the headline general-policy debate on the Chancellery budget. (provisional date — 2027 budget timetable not yet officially fixed)

Statistics
Destatis: preliminary consumer price index, September 2026

Flash estimate of September 2026 inflation, released near month-end. (provisional date — exact day not yet posted by Destatis)

October 2026
Statistics
Destatis: final consumer price index, September 2026

Final September 2026 inflation reading with detailed breakdown. (provisional date — exact mid-month day not yet posted by Destatis)

Central Bank
ECB Governing Council monetary policy decision (October 2026)

Scheduled Governing Council monetary policy meeting; rate decision at 14:15 CET, press conference at 14:45 CET.

Statistics
Destatis: preliminary consumer price index, October 2026

Flash estimate of October 2026 inflation, released near month-end. (provisional date — exact day not yet posted by Destatis)

November 2026
Statistics
Destatis: final consumer price index, October 2026

Final October 2026 inflation reading with full category breakdown. (provisional date — exact mid-month day not yet posted by Destatis)

Statistics
Destatis: preliminary consumer price index, November 2026

Flash estimate of November 2026 inflation, released near month-end. (provisional date — exact day not yet posted by Destatis)

Parliament
Bundestag final reading and adoption of the 2027 federal budget

Concluding budget week with the second and third readings and final vote on the Haushaltsgesetz 2027, customarily late November. (provisional date — 2027 budget timetable not yet officially fixed)

December 2026
Statistics
Destatis: final consumer price index, November 2026

Final November 2026 inflation reading with detailed breakdown. (provisional date — exact mid-month day not yet posted by Destatis)

Central Bank
ECB Governing Council monetary policy decision (December 2026)

Final scheduled Governing Council monetary policy meeting of 2026; rate decision at 14:15 CET, press conference at 14:45 CET, with updated ECB staff projections.

January 2027
Statistics
Destatis: preliminary consumer price index, December 2026 (full-year 2026)

Flash estimate of December 2026 inflation and the first read on the full-year 2026 average inflation rate. (provisional date — exact day not yet posted by Destatis)

February 2027
Central Bank
ECB Governing Council monetary policy decision (February 2027)

First scheduled Governing Council monetary policy meeting of 2027; rate decision at 14:15 CET, press conference at 14:45 CET.

March 2027
Central Bank
ECB Governing Council monetary policy decision (March 2027)

Scheduled Governing Council monetary policy meeting with updated ECB staff macroeconomic projections; rate decision at 14:15 CET, press conference at 14:45 CET.

April 2027
Central Bank
ECB Governing Council monetary policy decision (April 2027)

Scheduled Governing Council monetary policy meeting; rate decision at 14:15 CET, press conference at 14:45 CET.

June 2027
Central Bank
ECB Governing Council monetary policy decision (June 2027)

Scheduled Governing Council monetary policy meeting with updated ECB staff projections; rate decision at 14:15 CET, press conference at 14:45 CET.

Germany

Recent events

24
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de43

German health insurance reform amended to ease burden on families and patients

German Health Minister Nina Warken (CDU) has amended the statutory health insurance (GKV) financial reform bill ahead of its planned adoption. Key changes include a lower additional contribution for co-insured spouses (2.5% instead of 3.5% of income from 2028), exemption for parents with children up to age 11, and a 50% increase in co-payments for medications and hospital stays without automatic annual increases. The pharmaceutical industry faces a higher manufacturer rebate (15.5% vs. 7%) but avoids a dynamic adjustment mechanism. The federal government will provide additional funds, including €1.4 billion more in 2027 and €750 million annually through 2030 for basic income recipients. The reform aims to close an €18.8 billion gap in 2027 and prevent contribution hikes.

Show summary

German Health Minister Nina Warken (CDU) has amended the statutory health insurance (GKV) financial reform bill ahead of its planned adoption. Key changes include a lower additional contribution for co-insured spouses (2.5% instead of 3.5% of income from 2028), exemption for parents with children up to age 11, and a 50% increase in co-payments for medications and hospital stays without automatic annual increases. The pharmaceutical industry faces a higher manufacturer rebate (15.5% vs. 7%) but avoids a dynamic adjustment mechanism. The federal government will provide additional funds, including €1.4 billion more in 2027 and €750 million annually through 2030 for basic income recipients. The reform aims to close an €18.8 billion gap in 2027 and prevent contribution hikes.

de35

Police investigate attacks on journalists at AfD party congress in Erfurt

Following the AfD party congress in Erfurt, Thuringian police are investigating attacks by suspected demonstrators on journalists from right-leaning media outlets. Three reporters from Apollo News were physically assaulted, and a representative of Junge Freiheit had his phone stolen. The protests against the congress drew over 30,000 participants. The attacks have been condemned by politicians from the Union and Green parties, while the protest alliance Widersetzen appeared to downplay the incidents, stating that "fascists with a press pass are still fascists."

Show summary

Following the AfD party congress in Erfurt, Thuringian police are investigating attacks by suspected demonstrators on journalists from right-leaning media outlets. Three reporters from Apollo News were physically assaulted, and a representative of Junge Freiheit had his phone stolen. The protests against the congress drew over 30,000 participants. The attacks have been condemned by politicians from the Union and Green parties, while the protest alliance Widersetzen appeared to downplay the incidents, stating that "fascists with a press pass are still fascists."

de30

Chechen-born German AfD member Murad Dadaev enlists in Russian army

Murad Dadaev, also known as Noah Krieger, a Chechen-born member of Germany's far-right Alternative for Germany (AfD) party, has announced his enlistment in the Russian army. He posted photos in Russian military uniform and appeared in occupied Bakhmut, Ukraine. The AfD's Lower Saxony branch had already begun expulsion proceedings after Dadaev's trip to Chechnya, where he met with Ramzan Kadyrov's inner circle. This incident underscores the ties between the pro-Russian AfD party and Moscow's war effort in Ukraine.

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Murad Dadaev, also known as Noah Krieger, a Chechen-born member of Germany's far-right Alternative for Germany (AfD) party, has announced his enlistment in the Russian army. He posted photos in Russian military uniform and appeared in occupied Bakhmut, Ukraine. The AfD's Lower Saxony branch had already begun expulsion proceedings after Dadaev's trip to Chechnya, where he met with Ramzan Kadyrov's inner circle. This incident underscores the ties between the pro-Russian AfD party and Moscow's war effort in Ukraine.

de25

Germany cuts development aid budget, risking loss of international influence

The German government plans further cuts to the development aid budget for 2027, leading to project closures and reduced planning security for partner organizations. Development Minister Reem Alabali Radovan warns of lost trust and soft power, while China, Russia, and Gulf states expand their aid presence, gaining political and economic influence in Africa, Asia, and Latin America.

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The German government plans further cuts to the development aid budget for 2027, leading to project closures and reduced planning security for partner organizations. Development Minister Reem Alabali Radovan warns of lost trust and soft power, while China, Russia, and Gulf states expand their aid presence, gaining political and economic influence in Africa, Asia, and Latin America.

de18

Former German Vice Chancellor Robert Habeck Becomes Advisor at Danish Investment Firm

Robert Habeck, former German Vice Chancellor and Minister of Economic Affairs, has taken a consulting position at Danish investment firm Urban Partners. He will focus on advancing research in urban development and affordable housing, and help grow the firm's business in Germany. Habeck brings experience from his tenure in the German government, where he managed the economic impacts of the Ukraine war and energy transition. Urban Partners manages over €25 billion in assets and has offices in Frankfurt, Munich, and Berlin. Habeck stated that cities are key to major societal transformations and praised the firm's long-term, cross-sector approach. The move marks his transition from politics to the private sector.

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Robert Habeck, former German Vice Chancellor and Minister of Economic Affairs, has taken a consulting position at Danish investment firm Urban Partners. He will focus on advancing research in urban development and affordable housing, and help grow the firm's business in Germany. Habeck brings experience from his tenure in the German government, where he managed the economic impacts of the Ukraine war and energy transition. Urban Partners manages over €25 billion in assets and has offices in Frankfurt, Munich, and Berlin. Habeck stated that cities are key to major societal transformations and praised the firm's long-term, cross-sector approach. The move marks his transition from politics to the private sector.

de46

German defense minister vows to block classified information from AfD, warns of security risks

Background: German state interior ministers previously warned about security risks of a potential AfD-led government in Saxony-Anhalt. Now, Defense Minister Boris Pistorius (SPD) has stated he will prevent the AfD from accessing classified information if the party enters government, citing its proximity to Russia and potential Russian funding. He expressed grave concern about the AfD potentially winning an absolute majority in the Saxony-Anhalt state election and warned of the party's anti-democratic intentions. Additionally, Pistorius addressed AfD-supporting soldiers, advising them to reconsider their choice in the interest of democracy.

Show summary

Background: German state interior ministers previously warned about security risks of a potential AfD-led government in Saxony-Anhalt. Now, Defense Minister Boris Pistorius (SPD) has stated he will prevent the AfD from accessing classified information if the party enters government, citing its proximity to Russia and potential Russian funding. He expressed grave concern about the AfD potentially winning an absolute majority in the Saxony-Anhalt state election and warned of the party's anti-democratic intentions. Additionally, Pistorius addressed AfD-supporting soldiers, advising them to reconsider their choice in the interest of democracy.

de39

Tens of thousands protest AfD party congress in Erfurt, police report mostly peaceful demonstrations

Over the weekend, tens of thousands of protesters gathered in Erfurt, Germany, to demonstrate against the AfD party congress. Thuringian police reported that the demonstrations were largely peaceful, recording 65 criminal offenses and 13 administrative violations, including property damage, assault, and violations of assembly laws. A civil rights organization criticized the police response as excessive. Despite blockades and protests, the AfD congress proceeded on schedule as delegates arrived early to avoid disruptions.

Show summary

Over the weekend, tens of thousands of protesters gathered in Erfurt, Germany, to demonstrate against the AfD party congress. Thuringian police reported that the demonstrations were largely peaceful, recording 65 criminal offenses and 13 administrative violations, including property damage, assault, and violations of assembly laws. A civil rights organization criticized the police response as excessive. Despite blockades and protests, the AfD congress proceeded on schedule as delegates arrived early to avoid disruptions.

de30

Berlin SPD lawmakers criticize coalition plan to ban expropriation of housing corporations

Several Berlin SPD Bundestag members criticized the federal coalition's plan to ban states from expropriating large housing corporations, calling it a 'gift to the Left' ahead of Berlin's state election. The plan, agreed by the CDU/CSU and SPD coalition, aims to protect private housing investment. Critics note it contradicts a 2021 Berlin referendum that supported expropriation. The Left party and Greens also opposed the ban.

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Several Berlin SPD Bundestag members criticized the federal coalition's plan to ban states from expropriating large housing corporations, calling it a 'gift to the Left' ahead of Berlin's state election. The plan, agreed by the CDU/CSU and SPD coalition, aims to protect private housing investment. Critics note it contradicts a 2021 Berlin referendum that supported expropriation. The Left party and Greens also opposed the ban.

Frequently Asked

5
What is in Germany's 'Programme for Revival and Employment'?
The 34-point plan includes €10 billion annual income-tax relief for low and middle earners from 2027, a pension overhaul raising the retirement age, extended fixed-term contracts to 48 months, and requiring a doctor's certificate from the first sick day.
Why is Defense Minister Pistorius concerned about the AfD?
Pistorius said he does not trust the AfD with state secrets due to its ties to Moscow and plans to cut regional governments off from classified intelligence if the party wins power in Saxony-Anhalt or Mecklenburg-Vorpommern.
How did the AfD's party congress proceed?
Delegates re-elected Alice Weidel with 81.3% and Tino Chrupalla with 70%, rejecting a single-chair leadership, while Bjorn Hocke's allies gained ground on the executive board.
What is Germany's new Combat Fighter System Nucleus?
It is a €580 million tender restricted to German firms for a national combat cloud and satellite constellation, launched after the Franco-German FCAS fighter jet programme collapsed.
When are the key state elections in eastern Germany?
Saxony-Anhalt and Mecklenburg-Vorpommern vote in September 2025, with the AfD polling at 41% in Saxony-Anhalt, nearly 20 points ahead of the CDU.