COLOGNE, Germany — German defense companies stand to benefit from a €10 billion (U.S. $11 billion) cash infusion under a massive stimulus package meant to soften the economic blow of the coronavirus pandemic. Leaders of the coalition government last week unveiled the measure, which provides a total of €130 billion, in the hopes of mustering enough economic “oomph” to get through the crisis swiftly, as Finance […]
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An agreement by Lürssen and German Naval Yards Kiel has dislodged a major legal roadblock in the multibillion-dollar program to build the large frigate-type vessels for the navy. Source link