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Dark clouds over the world economy

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China’s new economic playbook

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Staying competitive in a rapidly evolving ATMP market

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Update: Germany’s fiscal boost moves into implementation

With a EUR 500 billion fund, EUR 128.7 billion in planned public investment for 2026, and ongoing procurement reforms, Germany is accelerating implementation across transport, digitalisation, energy, and other strategic sectors.

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Germany reshapes housing and heating (as of 15 December 2025)

Germany is repositioning its housing and heating sector by targeting an annual renovation rate of 2.5% of the building stock and linking new investment to the provision of affordable, low-carbon housing.

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Germany accelerates large-scale upgrades across its energy system (as of 11 December 2025)

With renewables approaching 60%, a national hydrogen backbone taking shape and grid upgrades underway, Germany is accelerating the transformation of its energy infrastructure in pursuit of climate neutrality by 2045.

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Germany’s record defence modernisation drive (as of 22 October 2025)

Germany plans to substantially increase its defence budget from EUR 86 billion in 2025 to EUR 152 billion by 2029, responding to growing security threats in Europe.

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Germany accelerates digital expansion (as of 12 September 2025)

Germany has earmarked over EUR 4 billion in 2025 to strengthen its digital infrastructure, funding broadband rollout and modernising public services.

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Germany’s fiscal foundations for the coming years (as of 7 August 2025)

The German government’s fiscal policy focuses on growth and modernisation, competitiveness through structural reforms, and consolidating the budget.

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Germany ramps up transport upgrades (as of 21 August 2025)

Germany is investing record sums in transport infrastructure, with EUR 33.5 billion allocated for trunk roads, railways, and waterways in 2025.

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Uncertainty – and opportunity – await Swedish companies

The new tariffs announced by the Trump administration have added to the growing uncertainty in global trade. 

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The world then and now

Will international business ever be the same? What are the likely outcomes of the current crisis? This second part of our series New Business Landscape explores recovery scenarios and how decision-makers can adapt their thinking.