AGP Executive Report
Last update: 3 hours agoEconomic Outlook: The Bundesbank expects Germany’s economy to have stagnated in the third quarter, as weak exports and low Rhine water levels offset government spending; it sees infrastructure investment supporting a recovery in the fourth. EU Funding: Brussels approved Germany’s final €6bn recovery-fund payment, bringing its completed plan to €30.3bn. Corporate Results: SAP crossed €10bn in quarterly revenue for the first time and raised its 2026 revenue outlook to the top of its range. Banking and Digital Assets: Germany’s Sparkassen are rolling out crypto trading in their banking app, while Deutsche Bank is preparing institutional Bitcoin and Ether custody services. Market Risks: France’s 10-year bond yield hit 5% for the first time since 2002, sharpening investor concerns over public debt and risks across eurozone markets.
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