Germany announced a budget on Tuesday that would increase its military spending to 3.5 percent of its economic output by 2026 and expand funding to improve its crumbling infrastructure, as part of ...

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

US President Donald Trump is also pressuring Europe to up its military spending. Net borrowing will also significantly increase, as per the draft budget. It is due to jump to €81.8 billion in ...

BRUSSELS — NATO leaders appear to be on track for an agreement to more than double their target for defense spending — to 5% of annual economic output — by using some creative number ...