Germany to raise defense spending to 3.5% of GDP in 2029 - Germany’s finance minister has vowed to lift the country’s defense spending to 3.5% of gross domestic product in 2029 ...

German leaders intend to ramp up defense spending and build the most powerful armed forces in Europe, but shadows of World ...

Germany has said it supports a higher defense spending target even though this could leave Europe's largest economy in fiscal hot water.

The German arms industry is thriving thanks to a major state-run investment program. But will the country's wider economy ...

BERLIN (AP) — Germany's finance minister on Tuesday vowed to lift the country's defense spending to 3.5% of gross domestic product in 2029 as he presented the new government's spending plans.

BERLIN -- Germany's finance minister on Tuesday vowed to lift the country's defense spending to 3.5% of gross domestic product in 2029 as he presented the new government's spending plans.

Germany is planning to lift core defense spending to 3.5% of gross domestic product over the next five years as part of a massive increase in government investment in the military.

Germany for years drew criticism for failing to hit the existing 2% spending target. But, shortly after Russia launched its full-scale invasion of Ukraine in 2022, then-Chancellor Olaf Scholz pledged ...

Germany will dramatically increase defense spending — not to appease U.S. President Donald Trump but to counter the threat from Moscow, Chancellor Friedrich Merz said Tuesday. “We will decide to ...

BERLIN (AP) — Germany's finance minister on Tuesday vowed to lift the country's defense spending to 3.5% of gross domestic product in 2029 as he presented the new government's spending plans.