News

Germany's debt is expected to rise significantly by 2030 due to increased spending on defense and infrastructure. Fiscal ...
German leaders intend to ramp up defense spending and build the most powerful armed forces in Europe, but shadows of World ...
The German arms industry is thriving thanks to a major state-run investment program. But will the country's wider economy ...
Germany’s finance minister has vowed to lift the country’s defense spending to 3.5% of gross domestic product in 2029. Finance Minister Lars Klingbeil says that Germany’s defense spending ...
Germany has said it supports a higher defense spending target even though this could leave Europe’s largest economy in fiscal ...
As Russia intensifies its assault on Ukraine, NATO and European countries need to increase production of long-range weapons, said Maj. Gen. John Rafferty to Reuters. “The Russian army is ...
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 ...
But, shortly after Russia launched its full-scale invasion of Ukraine in 2022, then-Chancellor Olaf Scholz pledged to increase defense spending to 2%.
NATO member defense spending commitments are overdue, writes Bruce Stokes of the German Marshall Fund. But how plausible are ...
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.
Germany is planning to lift core defense spending to 3.5% of gross domestic product over the next five years as part of a massive increase in government investment in the military.