ecb sept hike
ECB raises deposit rate to 2.50%
The ECB hiked 25bp to 2.50% on Sept 10, citing euro-area August CPI at 3.3% with energy inflation at 14.3%. Lagarde warned headline inflation will remain well above target due to Middle East conflict.
The Mild Take
Coverage tagged: Germany (DEU)
Every story tagged to Germany in the reporting behind our ratings, newest first. State-self-reported sources are excluded from scoring; non-anglophone coverage is surfaced in translation. Every card links to its source.
8 stories, newest first - 1 on this page in translation
afd saxony anhalt
AfD landslide piles pressure on Merz's coalition
Second chain confirming the result and its federal consequence, framing the risk to Chancellor Merz's coalition and to the economic recovery. Corroborating record.
ecb september hike
ECB to raise rates a second time in September, but then done, say economists
A Reuters poll of economists expects the ECB to raise rates on Sept 10, taking the deposit rate to 2.50% in a second consecutive hike, with euro-area August inflation at 3.3% pushed above target by energy costs traceable to the Hormuz disruption. The decision falls AFTER this window, so only the expectation is recorded and no euro-area score is moved on it.
eu windfall tax push
Six EU countries push for windfall tax on oil companies amid surging war profits
Finance ministers of Germany, Italy, Austria, Poland, Portugal and Spain jointly asked the Irish presidency to put a windfall tax on Hormuz-inflated oil profits on the Sept 18-19 Ecofin agenda, with Dublin open to the debate. Fiscal-policy signal, no score moves.
global bond rout
Bond rout sends long-term borrowing costs to highest in decades
A simultaneous long-duration selloff on Aug 18 set a record UK 50-year gilt yield (5.392%), the highest 10-year JGB since September 1996 (2.9494%), French yields since 2008 and German since 2011, with the US 30-year at 5.33% (19-year high). Global term-premium repricing; drove the US fiscal cut alongside the Treasury's buyback response.
germany zew
Germany's investor outlook reaches five-month high after reforms
The ZEW indicator of German economic sentiment rose to a five-month high July 21 on hopes around Chancellor Merz's reform package, improving more than expected. A dated positive already broadly priced into Germany's strong fiscal outlook; noted, no score moved.
paris coalition summitFR
Coalition of the Willing summit in Paris
37 heads of state/government met in Paris July 13 (Macron, Starmer, Merz co-chairing, Zelensky present) focused on Ukraine's air defense: SAMP/T batteries and 16 Rafale jets pledged, with Ukrainian co-pilots flying Mirage jets in the July 14 Bastille Day flyover as concrete implementation. Corroborates the Ukraine alliance move.
germany afd poll surge
Merz Says Political Fringes Will Send Germany to 'the Abyss'
Chancellor Merz warned July 9 that the fringes could send Germany 'to the abyss' as the AfD polled at 28%, ahead of his CDU/CSU at 22%, amid coalition-reform friction and labor unrest. Germany political_stability 1 to 0.