Countries flock to claim EU defense loans, Poland gets lion’s share
ROME — Poland is set to utilize almost one-third of a European Union €150 billion ($176 billion) debt…
New UK minister touts defense industry as Britain’s growth engine
LONDON — As the U.K. is boosting military spending, the government is allocating additional funds to the local…
EU sets military spending record, expects more growth in 2025
BERLIN — The European Union collectively spent €343 billion ($402 billion) on defense last year, exceeding projections and…
EU members eye €127 billion in loans for defense procurement
PARIS — European Union member states expressed interest in at least €127 billion ($146 billion) in EU-backed loans…
Germany Aims for NATO Goal With €162 Billion Budget by 2029
Germany’s push to rearm in response to mounting Russian aggression in Europe will see its annual defense budget…
Germany plans to double its defense spending within five years
THE HAGUE, Netherlands — Germany will more than double its military spending by the turn of the decade…
Germany plans to raise defense spending to €153B by 2029
Puma infantry fighting vehicle. Photo credit: Bundeswehr Germany plans to raise its defense budget to €153 billion by…
Spain reaches deal with NATO ahead of summit to be excluded from 5% defense spending goal
MADRID (AP) — Spain reached a deal with NATO to be excluded from a 5% of GDP defense…
Russia ‘on Brink’ of Recession, Its Economy Minister Says
The Russian economy is “on the brink” of entering a recession, the country’s economy minister warned on Thursday.…
Germany’s Defense Firms Need Steelmakers to Help Fuel the Boom
(Bloomberg) — German defense manufacturers including Rheinmetall AG are urging domestic steelmakers to ramp up production of military-grade…