-
12 Sep 23
Next year’s budget will see Sweden increase its military spending by more than a quarter as the government responds to its “serious security situation” in the wake of Russia’s aggression in Ukraine...
-
13 Sep 22
The German government must meet NATO’s military spending target of 2% of GDP over the long term or risk its €100bn defence fund being spent “in vain”, the nation’s defence minister has said.
-
7 Jun 22
German parliamentarians have approved the creation of a €100bn special defence fund aimed at modernising the country’s military in response to Russia’s invasion of Ukraine.
-
18 Nov 19
North Macedonia, which hopes to join the European Union, still has a large income gap with the EU, the IMF said.
-
19 Mar 19
Germany’s budget for next year calls for a 1.7% hike in overall spending to €362.6bn – but its defence spending will be less than NATO’s target.