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 ...

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

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

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

Ukraine had the highest military burden in the world, by far: its military spending amounted to 34% of GDP in 2024. In comparison, Germany's was just under 2%. The SIPRI report states that "All ...

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 ...

BRUSSELS ― Germany has asked the European Union to activate an emergency clause that would allow it to rapidly increase defense investment without breaching the bloc's spending rules. Russia’s ...

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.