Germany's cabinet approved a draft law on Wednesday aimed at accelerating defence procurement and construction on military ...

The defence budget alone will increase by €10 million. By 2029, the total is set to exceed €150 billion—surpassing Russia’s current military budget.

Lawmakers hope the spending spree will help modernize German industry and boost economic growth. Economists, however, were less euphoric even before parliament agreed the investment package.

The two-day summit ended with a commitment by allies to increase their defense spending targets from 2 percent to 5 percent of GDP, a cash bonanza that will unleash an “AI gold rush,” according to ...

President Donald Trump said Monday he would punish Russia with “biting" tariffs if there isn’t a deal to end the war in ...

Four Alliance 90/Greens party members have sent an open letter to German Chancellor Friedrich Merz calling for a significant increase in military aid to Ukraine, Bild reported on July 5, citing a copy ...

President Donald Trump said Monday he would punish Russia with ''biting'' tariffs if there isn't a deal to end the war in Ukraine within 50 days. He made the announcement during an Oval Office meeting ...

This means that Ishiba no longer has easy control over the upper or lower houses of parliament; last October, the LDP lost ...

The German military will be able to procure military equipment more quickly in future, according to a draft law presented in ...

A cut in Germany's air traffic tax will not be prioritised in the 2026 budget, a government source said on Monday, pushing ...

The defense alliance of 32 countries is planning to invest billions in its security over the coming decade. But it’s a splurge that some European NATO members, saddled with huge debt burdens, can ...

A new analysis suggests that reductions in U.S. military spending could result in significant decreases in energy consumption by the Department of Defense, leading to reduced greenhouse gas ...