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Germany rejects EU proposal for €2 trillion budget

Germany has rejected the European Commission’s €2 trillion ($2.3 trillion) budget proposal, hours after it was announced by European Commission President Ursula von der Leyen in Brussels.   “A comprehensive increase in the EU budget is unacceptable at a time when all member states are making considerable efforts to consolidate their national budgets,” the German … Read more

Spain overtakes Germany as top EU asylum destination

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Germany is no longer the number-one destination for asylum seekers in the EU after the end of the Assad regime led to a drop in Syrians applying for protection in the bloc, a report confirms. … Read more

Germany tells Apple, Google to block DeepSeek AI app

In this photo illustration, the DeepSeek logo is seen displayed on a smartphone screen and in the background, the flag of the European Union. Thomas Fuller | Sopa Images | Lightrocket | Getty Images One of Germany’s data protection watchdogs on Friday said DeepSeek’s app illegally sends user data to China and asked Google and … Read more

Can Germany afford a 5% NATO defense spending target?

Federal Chancellor Friedrich Merz (CDU) walks past Bundeswehr soldiers with military honors in front of the Federal Chancellery before welcoming the Prime Minister of Denmark. Bernd von Jutrczenka | Picture Alliance | Getty Images Tax hikes and soaring debt might be Germany’s new reality, as NATO allies are set to soon face a higher defense … Read more

Germany and Italy pressed to bring $245bn of gold home from US

Germany and Italy are facing calls to move their gold out of New York following President Donald Trump’s repeated attacks on the US Federal Reserve and increasing geopolitical turbulence. Fabio De Masi, a former Die Linke MEP who joined the leftwing populist BSW party, told the Financial Times that there were “strong arguments” for relocating … Read more

Cops in Germany Claim They’ve ID’d the Mysterious Trickbot Ransomware Kingpin

Several cybersecurity researchers who have tracked Trickbot extensively tell WIRED they were unaware of the announcement. An anonymous account on the social media platform X recently claimed that Kovalev used the Stern handle and published alleged details about him. WIRED messaged multiple accounts that supposedly belong to Kovalev, according to the X account and a … Read more

Coinbase adds trading support for 8 tokens in Germany

Coinbase has announced that users in Germany can now buy, sell and trade eight new tokens. In an announcement, Coinbase Assets said it now supports trading for several tokens, which users in Germany can access on Coinbase.com and via iOS and Android apps.  The eight crypto tokens are Rocket Pool (RPL), Pudgy Penguins (PENGU), Renzo … Read more

Former Coinbase Germany CEO Joins LUKSO, Aims to Break Big Tech’s Grip on Creator Autonomy

Jan-Oliver Sell, the former Managing Director of Coinbase, Germany, made the case for LUKSO, a layer 1 blockchain designed to revitalise the creative economy, in an interview on 15 May 2025, “Centralised platforms are closed systems. They control who sees what, how creators earn, and what features are allowed,” he said. LUKSO, a decentralised platform, … Read more

Germany backs Trump’s push for 5% NATO defense spending target

Johann Wadephul (CDU), Federal Foreign Minister, makes a statement during an informal meeting of NATO foreign ministers. Sebastian Gollnow/picture alliance via Getty Images Germany is backing U.S. President Donald Trump’s call to increase the defense spending target of NATO members to 5% of their individual gross domestic product, German Foreign Minister Johann Wadephul said Thursday. … Read more

Germany finally has a leader. Now comes the hard part for Merz

Friedrich Merz, Germany’s chancellor, takes the chancellor’s seat, after swearing an oath, at the Bundestag in Berlin, Germany, on Tuesday, May 6, 2025. Krisztian Bocsi | Bloomberg | Getty Images After some dramatics, and around 10 weeks after the German election, Europe’s largest economy finally has a leader: Friedrich Merz. His ascension didn’t come easy … Read more

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