Business Video. €2bn wasted? Germany scraps world’s largest frigate project Copy/paste the link below: Copy Copy/paste the article video embed link below: Copy Updated: 24/06/2026 - 11:54 GMT+2 Rheinmetall shares fell sharply after Berlin scrapped its F126 frigate programme, a project that has already cost taxpayers around €2.3bn. Read full article Top stories Now playing Next €2bn wasted? Germany scraps world’s largest frigate project Now playing Next Giesinger celebrates Munich beer culture, pushes for Oktoberfest place Now playing Next Latest news bulletin | June 24th, 2026 – Midday Now playing Next Digital euro expected to launch by 2029 after EU backing Now playing Next SpaceX sheds $600 billion in three days and turns to the bond market Now playing Next Germany to take 40% stake in Leopard tank maker KNDS alongside France Now playing Next SpaceX sheds $600 billion in three days and turns to the bond market Now playing Next Can you turn your garden fence into a mini solar farm? Now playing Next EU sets stage for decoupling Moldova's accession bid from Ukraine's Now playing Next 10 years of Brexit: Which campaign claims have come true? Now playing Next Europe Today: Starmer's resignation, Brexit and the Poland-Ukraine row Now playing Next Dead tree painted red to highlight climate change impact Now playing Next Iran stronger after conflict, warns former Iran negotiator Wendy Sherman Now playing Next Europeans want less dependence on foreign technologies, study finds Now playing Next Toronto streets fill with Panama and Croatia supporters Now playing Next Europe Today: Sánchez under pressure as Europe backs Ukraine More videos
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