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In total, Germany plans to spend €649 billion ($761 billion) on the military over the coming five years. It marks a continuation of a historic shift that began with Russia’s invasion of Ukraine and ...
Germany plans rapid expansion of outdated bunkers amid fears of Russian aggression. ... ($570 billion) in spending for Germany’s defense, some of which the BBK would be eligible to receive.
Germany’s GDP contracted by 0.3 percent in 2023 and by 0.2 percent in 2024, with little to no growth forecast for 2025. “Nothing is more costly than the stagnation of recent years.
BERLIN (AP) — Germany's finance minister on Tuesday vowed to lift the country's defense spending to 3.5% of gross domestic product in 2029 as he presented the new government's spending plans ...
Germany will borrow about a fifth more than planned in the coming months to fund a surge in spending, while a deal to secure a €46 billion ($53 billion) package of tax breaks highlighted how ...
Secretary of Defense Pete Hegseth met with his German Defense counterpart, Federal Minister of Defense Boris Pistorius on ...
The budget plan would see Germany hit NATO’s newly increased spending target of 3.5% of gross domestic product by 2029 by ramping up defense expenditures every year.
By Sebastian Shukla, CNN Berlin (CNN) — Germany’s aging and decrepit bunker network is in need a major overhaul, according to the head of the federal agency tasked with nationwide civil ...
BERLIN (AP) — Germany's finance minister on Tuesday vowed to lift the country's defense spending to 3.5% of gross domestic product in 2029 as he presented the new government's spending plans.
BERLIN (AP) — Germany's finance minister on Tuesday vowed to lift the country's defense spending to 3.5% of gross domestic product in 2029 as he presented the new government's spending plans.