The spending figures included in the think tank’s newly published Military Balance report also show that in real-terms, Russia’s military expenditure increased by over 40 percent in 2024.
Russia's defense spending has surged past that of all European nations combined, according to a new study, fueling concerns ...
The rate of growth for Russia’s military spending outpaced all other European countries combined in 2024 as its invasion of ...
The credit ratings of Europe's NATO members are likely to suffer if they ramp up defence spending in line with U.S. President ...
Congressional Republicans are pushing for at least $100 billion in additional defense spending during the next decade to ...
BRUSSELS — As Defense ... spending target will be more difficult for some NATO countries than for others. Some aren’t even meeting the current 2 percent goal. Spending as a share of GDP ...
said earlier this week that NATO would push toward a defense spending target of 3 percent of GDP, and the German military had a "lot of old equipment that we have to replace." German Chancellor ...
Margus Tsahkna, the Estonian foreign minister, told Business Insider that his country would start spending 5% of its GDP on defense because ... countries to spend as a percentage of their GDP ...
Europe is increasingly moving to make up for years of low post-Cold War defense spending. Last year, 24 of NATO's 32 members hit the alliance's target of spending at least 2 percent of GDP on defense, ...