Overview
- Robert Habeck, former vice chancellor and economy minister for the Greens, will relinquish his Bundestag seat on 1 September.
- The Israeli army signaled an advance to capture Gaza City, as the United Nations officially confirmed famine in northern Gaza over the weekend.
- UniCredit said it lifted its direct stake in Commerzbank to about 26 percent, heightening expectations of a possible takeover bid for Germany’s second-largest private bank.
- A large warehouse fire in the Port of Hamburg drew 275 firefighters, according to the city’s fire brigade.
- The Institute for Employment Research published new findings on the 2015 refugee cohort’s labor-market integration, with Herbert Brücker describing the progress as greater than anticipated.