BERLIN—Germany will exempt military spending from its strict fiscal rules and create an off-budget fund of 500 billion euros to finance infrastructure spending, laying the ground for a big boost ...

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

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

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

In 2028, the German defense budget will sharply exceed the 100 billion euro mark and is expected to be €136.48 billion, and in 2029 it should rise to €152.83 billion. This rapid growth is related to ...

Germany’s finance minister has vowed to lift the country’s defense spending to 3.5% of gross domestic product in 2029. Finance Minister Lars Klingbeil says that Germany’s defense spending ...

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 ...

The researchers found that military spending would have a maximum impact of 0.5 — meaning that, in the best-case scenario, €1 of government spending will generate just 50 cents of additional ...

Finance Minister Lars Klingbeil said Germany's defense spending will hit 2.4% of GDP this year, and “we will raise defense spending step by step so that we will reach a NATO quota of 3.5% in ...

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.

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. Chancellor ...