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Germany to raise defense spending to 3.5% of GDP

Germany to raise defense spending to 3.5% of GDP in 2029

Germany’s finance minister has vowed to lift the country’s defense spending to 3.5% of gross domestic product in 2029

Reuters on MSN · 1d

Germany to raise defence spending to 3.5% of GDP by 2029, sources say

Germany will raise defence spending to 3.5% of economic output by 2029 funded through a nearly 400 billion euro borrowing programme, sources said on Monday, as Chancellor Friedrich Merz aims to send a strong signal ahead of this week's NATO summit.

Bloomberg · 1d

Germany to Lift Core Defense Spending to 3.5% of GDP by 2029

Germany is planning to lift core defense spending to 3.5% of gross domestic product over the next five years as part of a massive increase in government investment in the military.

Germany, draft budget for 2025

Reuters on MSN · 1d

German cabinet passes 2025 draft budget and framework for 2026

Germany's cabinet approved on Tuesday a draft budget for 2025 and a budget framework for 2026 with record investments in both years to stimulate growth after Europe's biggest economy failed to grow for two consecutive years.

DW on MSN · 1d

German Cabinet approves high-borrowing draft budget

German lawmakers will vote later this year on a new budget that sharply raises public spending, with the plan calling for new debts to pay for record investments in defense and infrastructure projects.

The Straits Times · 1d

German Cabinet passes 2025 draft Budget and framework for 2026 with investment surge

This comes after Europe’s biggest economy failed to grow for two consecutive years. Read more at straitstimes.com. Read more at straitstimes.com.

17h

Germany to Spend Record Amount on Its Military and Infrastructure

The increase was announced hours before a NATO meeting during which member countries are expected to agree to raise military ...

1don MSN

Germany Clears Path for €46 Billion in Tax Cuts With State Deal

Germany’s ruling coalition reached an agreement with the country’s state premiers on how to share the financial burden from a ...

1d

A German court lifts a government ban on a far-right magazine

A German court has lifted a ban imposed by the government last year on a far-right magazine, ruling that the case against it ...

23hon MSN

German court lifts ban on far-right magazine

A court in Leipzig has lifted a ban imposed by the German government on the influential far-right magazine Compact. The ...

1d

Germany to Sell More Debt to Fund Growth and Defense Plans

Germany will borrow about a fifth more than planned in the coming months to help fund a surge in spending, while a deal to ...

Germany plans to reach new NATO spending target by 2029

To underpin the plan, Finance Minister Lars Klingbeil is reportedly planning to take on record levels of public debt.

3don MSN

Germany to hire 11,000 more military personnel this year, Bild reports

The German government will provide funds for an extra 11,000 military personnel by the end of the year, an increase of around ...

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