It's too little too late for a European stealth fighter, even if Germany presses the issue. Best bet for the country is to copy what everyone else in the region is doing and buy F-35A to replace their older light fighters. Given economies of scale and NATO interoperability, it only makes even more sense.
Though if they really wanted to Germany could probably back the Saab-BAE-Turkish TFX effort and build a "European" stealth fighter, especially given the amount of European hardware that looks set to enter the design, like the EJ200 engines.