News

Greece itself spent nearly 3.1% of its GDP on defense last year, NATO estimates. Athens has been consistently exceeding the 2 ...
An "optimistic, realistic" budget deficit target for Romania in 2025 is 7.5% of economic output, President-elect Nicusor Dan ...
NATO will raise the defence spending target for its member nations to between 3.5% and 5% of gross domestic product (GDP) ...
Spain remains the final major obstacle to a NATO-wide agreement to boost defence spending to 5% of GDP by 2032—a target ...
NATO members are set to agree to a goal to increase their defense spending level to 5% of their GDP as a means to address a ...
European defense stocks were rallying on Thursday, as Germany’s foreign minister said the country accepted the 5% of GDP ...
German foreign minister Johann Wadephul said the country was backing U.S. President Donald Trump’s call to increase the ...
Transatlantic ties were in the spotlight Thursday as NATO defense ministers met in Turkey and the European Union pursued ...
ROME - NATO will raise the defence spending target for its member nations to between 3.5% and 5% of gross domestic product (GDP) from the current 2% at the next alliance summit in June ...
US Secretary of State Marco Rubio said the 5% target would not be ... spends only 3.37% of GDP on defense – albeit by far the most in absolute terms. "NATO has the opportunity to grow even ...