Germany and Greece want to drastically ramp up their ability to invest in weaponry and defense equipment as the EU scrambles ...

Meanwhile, Germany increased its military spending by 28 percent last year, reaching $88.5 billion. This makes Berlin the ...

Global military spending soared to $2.7 trillion in 2024, marking the largest year-on-year uptick since at least the end of ...

Ukraine had the highest military burden in the world, by far: its military spending amounted to 34% of GDP in 2024. In ...

Germany has asked the European Commission for an exemption from European Union borrowing limits in order to increase defence ...

THE HAGUE, Netherlands — Global military spending surged to an unprecedented $2.72 trillion in 2024, jumping 9.4% from the ...

Global military expenditure hit $2,718 billion in 2024, with significant increases in Europe, the Middle East, and NATO ...

Poland has been the standout performer in Europe, raising its defence spending by 31% year-on-year to reach £28.9 billion ...

Germany is likely to ask the European Commission for an exemption from European Union borrowing limits to increase defence ...

That piecemeal paradigm could hinder Europe’s plan for spending more on defense, which has been given a jolt — and previously ...

NATO can count on Berlin to step up its contribution to the defence of Europe as the Atlantic alliance faces a future more ...

The deployment of a €100 billion special budget for military gear has propelled Berlin to the top of the table in Europe.