The Latest Breaking News from Defense Spending

The prospective next German government’s plans to enable higher defense spending by loosening strict debt rules and to set up a huge infrastructure fund that’s aimed at boosting Europe’s biggest economy have cleared their final parliamentary hurdle with approval by the upper house

Military service leaders are telling senators that passing a temporary budget that keeps defense spending largely flat will hurt readiness and efforts to modernize the force

The impact of a potential trade war with the United States and massive increases in European defense spending and government borrowing are looming over Thursday’s policy meeting at the European Central Bank

The two political parties expected to form the next German government have agreed to significantly loosen the country’s constitutional restriction on borrowing, enabling 1 trillion euros ($1.08 trillion) or more in new borrowing and spending on defense and infrastructure

Germany's coalition agreed a landmark deal to exempt defense spending from its harsh debt brakes, in addition to unveiling a $535 billion infrastructure pledge.

The prospective partners in Germany’s next government say they will seek to loosen the nation’s rules on running up debt to allow for higher defense spending

EU introduces 'ReArm Europe' plan to borrow €150 billion for defense in response to US aid suspension to Ukraine.

EU proposes 'REARM Europe' package with 800 billion euros to enhance defense capabilities and reduce reliance on U.S. support.

British PM Keir Starmer advises against rewarding Russia in Ukraine peace deal and announces significant increase in UK defense spending.