"There has been speculation that the three countries would try to break a deadlock over Europe's next-generation fighter jet program. The project, Future Combat Air System (FCAS), is worth up to 100 billion ($117 billion) and is seen as crucial for Europe's defense. But despite its launch more than eight years ago, it has been stalled by industrial rivalries. On Wednesday, Germany's powerful IG Metall union warned that it would stop cooperating on the project if France's Dassault were still involved."
"The project, Future Combat Air System (FCAS), is worth up to 100 billion ($117 billion) and is seen as crucial for Europe's defense. But despite its launch more than eight years ago, it has been stalled by industrial rivalries. On Wednesday, Germany's powerful IG Metall union warned that it would stop cooperating on the project if France's Dassault were still involved. In response, the French metalworking employers' organisation, whose president is Dassault's CEO Eric Trappier, said it cannot accept an exclusion of France's industrial interests."
Three leading economic institutes forecast a slowdown in Germany's economic growth amid external pressures such as US tariffs on exports. Chancellor Merz called for a stronger European role within NATO as leaders and NATO chief Mark Rutte engage in security talks in Berlin. Germany, France and Spain are seeking a breakthrough on the stalled Future Combat Air System (FCAS) fighter project, facing industrial rivalries and union opposition. A leak of about 200,000 liters of crude oil from a pipeline in Brandenburg was reported sealed. German hotels are on track for a record year of stays.
Read at www.dw.com
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