The new treaty includes a pledge by both countries to regard a threat against one as a threat against the other, in the ...

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 ...

But, shortly after Russia launched its full-scale invasion of Ukraine in 2022, then-Chancellor Olaf Scholz pledged to increase defense spending to 2%.

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

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

Global military spending hit a record $2.7T in 2024, driven by rising tensions. Discover the top 10 spenders and key trends.

Ursula Von Der Leyen on Wednesday proposed the "most ambitious" €2 trillion ($2.3 trillion) 2028-2034 budget to counter ...

Germany's new government, in power for just over two months, is implementing a 'radically changed' migration policy and a significant increase in defense spending. This was confirmed by Steffen Bilger ...

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’s defense spending to 3.5% of gross domestic product in 2029 as he presented the new government’s spending plans.

BERLIN (AP) — 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.