The Russian Ministry of Finance has reported a budget deficit of 2.7 trillion rubles (31 billion dollars) for the first two ...

Russia's private sector balance is slightly positive, while strong demand is driven by government spending, net exports, and ...

Soaring government spending pushed Russia's budget deficit to 2.70 trillion roubles ($31.45 billion) in the first two months ...

The British government said Friday it holds $32.3 billion in frozen Russian assets, according to an Office of Financial ...

Under pressure from Trump and with Russia menacing, Germany's incoming leader plans to revamp the country's defense posture.

Europe should further boost military spending, pool resources on joint defence projects and buy more European arms, according ...

Adopting the policies proposed in the White Paper, designed to arm Europe for war with Russia, would require devastating ...

Economists say the region’s planned defense buildup might be exactly what its economy needs, despite some sizable hurdles.

The continent’s leaders hope a surge of investment, to fill a security void left by the United States, can ignite growth. It ...

Senior military officers from more than 30 countries across Europe and beyond met in England on Thursday to flesh out plans ...

President Trump said Thursday that NATO had to remain “strong” — as the military alliance’s top official praised him for ...