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Morning Briefing: Wird Frankreich zum gefährlichsten Land der Eurozone?

Die Renditen für Staatsanleihen steigen in allen westlichen Ländern. Aber in kaum einem Land spitzt sich die Lage so zu wie in der zweitgrößten Euro-Volkswirtschaft. Das hat Gründe.

Morning Briefing: Wird Frankreich zum gefährlichsten Land der Eurozone?

Good morning, dear readers, if you have the need for some confidence amid the prevailing news landscape, then seek counsel with Daniel Metzler. He co-founded the rocket company Isar Aerospace alongside Josef Fleischmann and Markus Brandl, and he does not consider himself within small categories. Is hybris or ambition at par with what Germany has lost over the past 20 years?

The reporting by my colleague Thomas Jahn supports the latter. Isar Aerospace represents what Germany is currently lacking: in AI and robotics, others are leading the future. In space, geo- and armament policy are of utmost relevance and now Germany may once again occupy a high-tech field. Yet this success story might have nearly failed due to German bureaucracy.

Metzler and his associates applied for a test facility at the German Aerospace Center, and the approval of a contract alone took three years. Testing their engines, they did so in a cowshed in the district of Altötting. I would regard this as a good omen: Apple originated from a garage, and I find a cowshed no less promising.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

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