Finance Minister Lars Klingbeil said Germany's defense spending will hit 2.4% of GDP this year, and “we will raise defense spending step by step so that we will reach a NATO quota of 3.5% in ...

Germany will raise defence spending to 3.5% of economic output by 2029 funded through a nearly 400 billion euro borrowing ...

Germany's economy is expected ... The German government had previously expected slight GDP growth of 0.3 percent for this year ... World Press Photo suspends credit for ‘Napalm Girl’ picture.

Finance Minister Lars Klingbeil said Germany's defense spending will hit 2.4% of GDP this year, and “we will raise defense spending step by step so that we will reach a NATO quota of 3.5% in ...

Germany’s economy is expected to post zero growth in 2025, ... – ‘Made in Germany is over’ – German GDP shrank by 0.3 percent in 2023 and by 0.2 percent in 2024, ...

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's economy is expected to post zero growth this year, outgoing Economy Minister Robert Habeck said Thursday, blaming US President Donald Trump's sweeping tariffs.

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 June 24, 2025 ...

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.