Germany is preparing to double its annual defense budget to as much as €162 billion ($189 billion) by 2029, a major strategic ...

The German government will on Wednesday back a 2026 draft budget which includes record investment of 126.7 billion euros and ...

Germany plans to more than double its defense outlays — including Ukraine aid — to as much as €162 billion ($189 billion) ...

The "Bundeswehrbeschaffungsbeschleunigungsgesetz" law would remove the stop-work period that typically follows legal ...

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

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 ...

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 ...

French President Emmanuel Macron on Sunday announced 6.5 billion euros ($7.6 billion) in extra military spending in the next two years because of new and unprecedented threats, ranging from Russia ...

French President Emmanuel Macron on Sunday announced 6.5 billion euros ($7.6 billion) in extra military spending in the next two years because of new and unprecedented threats.

French President Emmanuel Macron has announced $7.6 billion euros in additional military spending over the next two years. Speaking Sunday, he cited unprecedented threats from Russia, terrorism ...

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.