International Economic

European defence stocks slide as Germany set to ditch warship plans

By Michele Maatouk

Date: Wednesday 24 Jun 2026

(Sharecast News) - European defence stocks slid on Wednesday following reports that Germany plans to abandon a multibillion-euro project to build the biggest warship commissioned by the navy since the second world war.
According to the Financial Times, citing two people familiar with the matter, defence minister Boris Pistorius and other...

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