AGP Executive Report
Last update: 8 hours agoSecurity: Germany will deploy its 45th Armoured Brigade in Lithuania, with Defence Minister Boris Pistorius calling an attack on the NATO ally an attack on Germany. The 4,800-strong brigade is due to be operational by the end of 2027. In Zwickau, victims of neo-Nazi group NSU were commemorated; the group murdered 10 people. Ukraine: President Volodymyr Zelenskyy met Chancellor Friedrich Merz in Berlin to discuss air defence and energy support ahead of further peace talks. Industry: Schaeffler plans to cut 3,460 jobs across Europe, including about 2,660 in Germany, and close five sites. BMW also reported a steep drop in third-quarter profit as sales in China weakened. Energy: RWE secured German contracts for three proposed hydrogen-compatible power stations in North Rhine-Westphalia, with about 2.1 gigawatts of tender-recognised capacity. Protests: Youth-led demonstrations over living costs and conscription turned violent in several cities, with more than 100 police officers injured in Frankfurt.
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