Germany plans to increase defense spending to 3.5% of GDP by 2029, raising the budget from 95 billion euros in 2025 to 162 ...

Europe’s arms manufacturers are duking it out with American rivals to win their slice of the region’s fast-growing military pie, as governments embark on an unprecedented expansion of defense spending ...

This week, all eyes will be on The Hague in the Netherlands, were NATO leaders are gathering to discuss the future of the ...

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

Germany will borrow about a fifth more than planned in the coming months to help fund a surge in spending, while a deal to ...

Germany has announced plans to increase its defense spending to 3.5% of its gross domestic product (GDP) by 2029, marking a major step in strengthening its military. Finance Minister Lars Klingbeil ...

Nato members are currently expected to spend 2% of their national income, or GDP on defence. The US and countries which are ...