Stories from Germany

SAP reported Q1 2026 cloud revenue of €5.96 billion, representing a 27% increase at constant currencies. The company's current cloud backlog has also risen by 25% to €21.9 billion. This growth indicates strong momentum in the enterprise software sector despite broader economic shifts. Software company SAP released its first quarter financial results on Friday. The company reported growth in its cloud business despite recent market pressure regarding competition from artificial intelligence. Investors had previously expressed concerns that AI could displace traditional software offerings. The report comes as the DAX index faces downward pressure due to geopolitical uncertainty. This growth follows a period where other tech entities reported quarterly results below market expectations. The increase is measured against the first quarter of the previous year.

Researchers at Fraunhofer have successfully developed a 3D-printed biomimetic tissue substitute designed to mimic natural tissue mechanics. The technology utilizes a combination of polyurethane acrylate, a wavy metastructure, and electrospun collagen to achieve these properties. This advancement could significantly impact regenerative medicine and tissue engineering applications. This technology can currently produce proteins, viruses, and bacterial cells. The next stage of development aims to allow internet-connected devices to manufacture personalized vaccine doses. The process involves converting digital code into biological matter via a specialized circuitry system.

The opening of the Berlin Modern Museum has been postponed until 2030 due to significant moisture damage within the facility. The delay is expected to impact several planned exhibitions and structural timelines. This setback follows previous delays in the museum's construction and renovation phases. Berlin Mayor Kai Wegener stated that a replacement for the resigned Sarah Wedel-Wilson has not yet been found. Wegener noted he has held several good discussions regarding the position. He said he will announce a successor once someone is identified. The role is for the head of Berlin's cultural administration.

Lufthansa has introduced a new tariff that removes free carry-on baggage for passengers. The change requires travelers to book hand luggage separately under the updated pricing structure. This move reflects broader industry shifts in airline ancillary revenue models. The change affects passengers booking the lowest tier of service.

The German Bundestag has approved a reform aimed at accelerating the process of awarding public contracts. This legislative move is intended to streamline government procurement and reduce bureaucratic delays in infrastructure and service sectors. The reform is expected to improve efficiency in how the state manages large-scale projects.

The city of Berlin has undergone a political shift resulting in the reversal of funding for major cycling infrastructure projects. Lehmann expressed hope that the decision helps protect cultural locations. The Administrative Court of Berlin ruled in an interim decision that the operators of the bookstore 'Zur schwankenden Weltkugel' successfully defended themselves against statements made by Weimar. The specific nature of these findings remains unclear. Weimar maintains the right to appeal the court's decision to a higher instance. The court's decision provides temporary relief to the organizers. Weimar had previously described three bookstores in Berlin as political extremists during an interview with Die Zeit regarding the German Book Trade Award. The ruling follows an interview by Culture Minister Claudia Schmitt in Die Zeit regarding the German Bookstore Prize.

The German stock market index, the Dax, opened trading on Thursday with slight downward movements. Travelers are advised to check if European passenger rights apply to return flights. The German stock index DAX closed at 24,018 points, representing a 0.3% decrease. The index managed to maintain the 24,000-point threshold during the session. North Sea Brent crude oil prices reached a three-week high, at one point exceeding 111 dollars per barrel. The German stock index declined shortly after the United Arab Emirates announced its withdrawal from OPEC. The news has contributed to general market instability. The DAX index is expected to open weaker as the DAX Future sits at approximately 0.8% below current levels. Market tension remains high following the impact of the Iran war on the German economy.

Germany has announced a strategic plan to become the most powerful military force in Europe within the next 13 years. Proposed revenue measures include a sugar tax on sweet beverages and increased taxes on tobacco and alcohol. The budget bill requires Bundestag approval once finalized. Additionally, the cabinet intends to pass a savings package to relieve statutory health insurance funds. This would represent the second-highest level of new debt in the history of the Federal Republic. Proposed reforms also include spending caps for medical practices, clinics, and the pharmaceutical industry. Additionally, the government intends to increase co-payments for medications and restrict free insurance coverage for spouses. The plan involves cutting financial aid and tax incentives while implementing savings in sectors such as healthcare.

German airline Lufthansa announced it will cancel 20,000 short-haul flights across Europe this summer. The decision follows soaring jet fuel prices that have rendered many routes unprofitable for the carrier. This move highlights the growing economic pressure on European aviation due to volatile energy markets.

The German federal government has released a spring economic forecast significantly reducing its growth projections for 2026. Brent crude oil prices rose to nearly 120 dollars per barrel on the night of Monday, March 9, before dropping below 90 dollars per barrel. Economic scenarios suggest that up to 2.3 million jobs could be destroyed. In all analyzed scenarios, the ratio between jobs destroyed and jobs generated remains negative. The worst-case scenario indicates a net loss in employment. Rising prices have made meat and eggs luxury items for Iranian citizens. Additionally, the cost of imported medicines has become prohibitively high. This follows a period where inflation was at 50% last month. Simultaneously, global economic productivity is projected to decrease by 0.2 percentage points.