Aposto Europe&nbsp;delivers your daily briefing on markets, politics, business, tech and more - all under 5 minutes. Don't miss out on what's happening in the world.<hr fr-original-style="" style="height: 0px; overflow: visible; border-bottom: none; clear: both; user-select: none; break-after: page; box-sizing: border-box;"><a fr-original-style="" href="https://aposto.com/i/join-the-club" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">Friday</a>• Wirecard's former CEO Markus Braun, who steered the payments company through its rise and spectacular collapse two years ago, went on trial for fraud on Thursday after a scandal that shook German politics and tarnished the country's business reputation. The accused, which include two other managers of the defunct blue chip company, could be jailed for up to 15 years if convicted.<ul fr-original-style="padding-inline-start: 20px;" style="margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">What happened? Wirecard admitted in June 2020 that €1.9 billion were missing from its balance sheet. Within days, Wirecard became the first-ever DAX member to file for insolvency, owing creditors nearly $4 billion. The prosecution asserts that Wirecard invented vast sums of phantom revenue to mislead investors and creditors and drive up the share price.</li></ul><a fr-original-style="" href="https://aposto.com/i/how-to-avoid-german-prince-scams" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">Thursday</a>• Germany arrested 25 people from a far-right extremist group who were preparing to overthrow the government in an armed coup, the prosecutor's office said. Around 3,000 officers conducted raids at 130 sites in Germany's 11 states, with investigators suspecting that members had concrete plans to storm the parliament with a small armed group, with one active soldier and several reservists among those under investigation.<ul fr-original-style="padding-inline-start: 20px;" style="margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">Who are they: Members of the Reichsbuerger (Citizens of the Reich) do not recognize post-WWII Germany as a legitimate state, with some members devoted to the German empire under a monarchy, some devoted to Nazi ideas, and some believe Germany is still under Allied military occupation.</li></ul><a fr-original-style="" href="https://aposto.com/i/hungary-for-money" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">Wednesday</a>•&nbsp;Hungary blocked the approval of an&nbsp;€18 billion EU package for financial aid to Ukraine, a veto that caused a delay on three other key votes, including an internationally-backed deal to reform corporate taxation. Ukraine is in urgent need of aid to cover its booming state deficit and keep the economy running against Russia's invasion.<ul fr-original-style="padding-inline-start: 20px;" style="margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">Good to know: Hungary is on the verge of having its €7.5 billion EU budget frozen after failing to complete a series of reforms to address corruption-related issues.</li></ul><p contenteditable="false" fr-original-class="custom-button-wrapper fr-deletable" fr-original-style="text-align:center" style="text-align: center; margin-top: 0px; margin-bottom: 1em; box-sizing: border-box;"><a bgcolor="#effe75" color="#090909" contenteditable="false" fr-original-class="custom-button-link" fr-original-style="background-color:#effe75 !important;color:#090909 !important" href="https://aposto.com/n/news" rel="noreferrer" style="background-color: rgb(239, 254, 117) !important; color: rgb(9, 9, 9) !important; text-decoration: none; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">Subscribe</a>

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