Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Germany plans to boost funding for European Space Agency, says minister
    Headlines

    Germany plans to boost funding for European Space Agency, says minister

    Germany plans to boost funding for European Space Agency, says minister

    Published by Global Banking and Finance Review

    Posted on November 20, 2025

    Featured image for article about Headlines

    BERLIN (Reuters) -Germany plans to significantly increase funding for the European Space Agency, with Research Minister Dorothee Baer set to pledge up to 5 billion euros ($5.76 billion) at the ESA's conference in the north-western city of Bremen next week.

    "It will definitely be more than three years ago, when it was around 3.5 billion. If we now reach the 5-billion mark, that would be extremely positive," she told Reuters on Thursday.

    The funding is part of a larger strategy on space security that the government presented on Wednesday, with plans to invest as much as 35 billion euros in coming years on space defence.

    "We have been resting on a peace dividend for a very, very long time. That's why it's good and right that the strategic importance of space travel has now been so clearly recognized."

    With a view to the upcoming conference, Baer also urged the ESA to be open to reform: What is needed is a mix of expensive, large-scale projects, like the Ariane rocket, and many smaller projects that rely more heavily on start-ups, she said.

    You have to "think big", she said, referring to planned moon flights. "At the same time, there must be a great deal of flexibility so new players can also enter the market."

    ($1 = 0.8675 euros)

    (Reporting by Andreas RinkeWriting by Miranda MurrayEditing by Madeline Chambers)

    Related Posts
    Swedish explosives start-up gets permit for TNT factory
    Swedish explosives start-up gets permit for TNT factory
    Roblox gaming platform says it is ready to make changes to get Russian ban lifted
    Roblox gaming platform says it is ready to make changes to get Russian ban lifted
    Italy, France say it's 'premature' to sign EU-Mercosur trade deal
    Italy, France say it's 'premature' to sign EU-Mercosur trade deal
    Germany warns against jeopardizing peace after Trump's Venezuela tanker blockade
    Germany warns against jeopardizing peace after Trump's Venezuela tanker blockade
    Analysis-Gold forecast to glitter again next year despite biggest gain since 1979
    Analysis-Gold forecast to glitter again next year despite biggest gain since 1979
    UK police plan tougher action against antisemitic chants and protests
    UK police plan tougher action against antisemitic chants and protests
    Explainer-What's next for the Gaza ceasefire and will the truce last?
    Explainer-What's next for the Gaza ceasefire and will the truce last?
    Warner Bros Discovery board rejects rival bid from Paramount
    Warner Bros Discovery board rejects rival bid from Paramount
    UK tells Abramovich to give Chelsea sale cash to Ukraine or face court
    UK tells Abramovich to give Chelsea sale cash to Ukraine or face court
    European parliament approves citizens' initiative to help abortion access across EU
    European parliament approves citizens' initiative to help abortion access across EU
    UK's Duke of Marlborough charged with intentional strangulation
    UK's Duke of Marlborough charged with intentional strangulation
    Ukraine says it controls 90% of Kupiansk, Russia denies it
    Ukraine says it controls 90% of Kupiansk, Russia denies it

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Headlines

    Explore more articles in the Headlines category

    Freed Nobel laureate Bialiatski sees Belarus sliding back to Soviet times

    Freed Nobel laureate Bialiatski sees Belarus sliding back to Soviet times

    Cyberattack on French interior ministry's email servers compromised more than 20 files

    Cyberattack on French interior ministry's email servers compromised more than 20 files

    WTO chair rules out reform deal at next major meeting, document shows

    WTO chair rules out reform deal at next major meeting, document shows

    EU Parliament approves phase out of Russian gas imports

    EU Parliament approves phase out of Russian gas imports

    Putin says Russia will achieve war goals, keep expanding 'buffer zone'

    Putin says Russia will achieve war goals, keep expanding 'buffer zone'

    Italy's Meloni says it's still 'premature' to sign EU-Mercosur trade deal

    Italy's Meloni says it's still 'premature' to sign EU-Mercosur trade deal

    Russian attack on Ukraine's Zaporizhzhia injures 26, governor says

    Russian attack on Ukraine's Zaporizhzhia injures 26, governor says

    Decline in UK industrial orders eases slightly, CBI says

    Decline in UK industrial orders eases slightly, CBI says

    Italy's Meloni says using frozen Russian assets for Ukraine 'far from easy' ahead of EU summit

    Italy's Meloni says using frozen Russian assets for Ukraine 'far from easy' ahead of EU summit

    UK removes duplicate entries from sanctions lists, designations remain in place

    UK removes duplicate entries from sanctions lists, designations remain in place

    How combative videographers fire up Britain's asylum hotel protests

    How combative videographers fire up Britain's asylum hotel protests

    UK police charge teenage boy with nine-year-old girl's murder

    UK police charge teenage boy with nine-year-old girl's murder

    View All Headlines Posts
    Previous Headlines PostSaudi Arabia, Stellantis exploring local vehicle manufacturing
    Next Headlines PostEU agrees to harmonise EU insolvency laws to enhance cross-border investments, capital markets