Iraq Bulletin

Tag : jörg kukies

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Germany requests EU escape clause to raise defence outlay

iraqbulletin.co
Germany has formally requested an exemption from European Union borrowing limits to substantially increase its defence spending, citing the need to address rising military threats from Russia. According to reports by Euractiv, the request was made through a letter sent...
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Germany’s Commerzbank announces 3,900 job cuts as part of new plan

iraqbulletin.co
Germany’s second-largest lender, Commerzbank, announced plans on Thursday to cut 3,900 full-time jobs by 2028 as part of its latest strategic overhaul. The job reductions will primarily affect positions in Germany, although the bank intends to expand staffing in selected...