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But NATO's new goals are ambitious: The plan is for member states to spend 5% of their economic output on defense. Until now, it has been 2% — which is what Germany currently spends on defense.
Germany's Defense Minister Boris Pistorius says the country will need to boost its armed forces by up to 60,000 active soldiers to deter Russia's military threat. NATO member states are committing ...
European defense stocks are flying again as Germany backs 5% NATO spending target By Steve Goldstein Last Updated: May 15, 2025, 7:39 a.m. ET First Published: May 15, 2025, 5:12 a.m. ET Resize ...
Germany will take the lead in strengthening NATO's European flank in the coming years, Merz stated. This also applies to supporting Ukraine, which he said is defending shared freedom in its war ...
NATO can count on Berlin to step up its contribution to the defence of Europe as the Atlantic alliance faces a future more uncertain than 70 years ago when Germany became a member, German ...
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 ...
News World Germany to do NATO ‘heavy lifting’ as allies ratchet up spending June 5, 2025 Updated Thu., June 5, 2025 at 12:22 p.m. Sebastien Lecornu, left, Minister of Defense of France, and ...
Germany is backing U.S. President Donald Trump's call to increase the defense spending target of NATO members to 5% of their individual gross domestic product, German Foreign Minister Johann ...