The European Commission advanced a $2.3 trillion budget proposal that would boost EU defense spending through the next three ...

German Defense Minister Boris Pistorius has demanded weapons makers increase production to match the country's spending plans ...

Germany's debt is expected to rise significantly by 2030 due to increased spending on defense and infrastructure. Fiscal ...

Germany’s finance minister has vowed to lift the country’s defense spending to 3.5% of gross domestic product in 2029 BERLIN -- Germany's finance minister on Tuesday vowed to lift the country ...

Germany will dramatically increase defense spending — not to appease U.S. President Donald Trump but to counter the threat from Moscow, Chancellor Friedrich Merz said Tuesday. “We will decide to ...

The German arms industry is thriving thanks to a major state-run investment program. But will the country's wider economy ...

BERLIN — Germany’s finance minister on Tuesday vowed to lift the country’s defense spending to 3.5% of gross domestic product in 2029 as he presented the new government’s spending plans.

Germany's finance minister has vowed to lift the country's defense spending to 3.5% of gross domestic product in 2029.