AGP Executive Report
Last update: an hour agoEconomic Outlook: Germany’s recovery lost momentum in the third quarter as weak industry, exports and domestic demand weighed on growth. Industrial orders fell 10.6% in August, while September inflation reached 3.3%, its highest since 2023. Airline Expansion: Lufthansa won Portugal’s backing to buy a 44.9% stake in TAP for €1.2bn, adding routes and a Lisbon hub to its European network. Banking: Crédit Agricole launched a German retail bank, building on around one million existing customers and targeting two million across its German businesses by 2028. AI Rules: A new study warns tighter access to AI data could cost Germany as much as €155bn a year, putting the debate over regulation and competitiveness in sharper focus.
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