Germany's parliament backs incoming leader's plans for huge boost in defense spending, but can he deliver?
Under pressure from Trump and with Russia menacing, Germany's incoming leader plans to revamp the country's defense posture.
Germany’s Merz wins vote to massively expand borrowing and super-charge military spending
The German chancellor-in-waiting, Friedrich Merz, has won a vote in parliament to allow a huge increase in state borrowing ...
Germany approves massive spending package to boost defense
The move comes as Europe scrambles to strengthen its security amid concerns over U.S. commitments under President Donald ...
ThyssenKrupp's warship division expects its market size to triple as defense spending surges
That comes on the back of the German parliament voting in favor of a major fiscal package, which includes changes to debt ...
German budget committee gives green light for 3 bln euros in Ukraine aid
Germany's budget committee cleared the way on Friday for another 3 billion euros ($3.25 billion) in military aid for Ukraine, ...
Can Europe’s New Military Spending Help Its Economies?
The continent’s leaders hope a surge of investment, to fill a security void left by the United States, can ignite growth. It ...
Germany’s likely next leader wins parliament’s backing for huge defense and infrastructure spending
Germany’s would-be next chancellor, Friedrich Merz, won lawmakers’ approval Tuesday for ambitious plans to loosen the ...
German Greens Reject Defense Spending Plan Ahead of Talks
Germany’s Green party rejected a debt-financed package that would unleash hundreds billions of euros in defense and ...
German Economic Sentiment Climbs After Politicians Pledge Ramp-Up in Spending
Financial analysts became much more upbeat about Germany’s economic prospects this month as the country’s lawmakers closed in on an agreement to raise spending on defense and infrastructure.The ZEW ...