Keywords: Defence Spending


Italy pledges continued fiscal discipline while making room for energy and defence investment

Italy’s government intends to maintain a cautious approach to public finances while preparing for potential economic turbulence, Economy Minister Giancarlo Giorgetti said in Rome on Tuesday. His remarks came as the government presented its public finance planning document to the Chamber of Deputies,......

Russia says Europe and NATO are preparing for a possible conflict by 2030

Russia has accused European countries and NATO of preparing for a potential military confrontation with Moscow by the end of the decade, reflecting the deepening security tensions between Russia and the Euro-Atlantic alliance. The claim was made by Yulia Zhdanova, head of Russia's delegation to the......

Goldman Sachs highlights German stocks’ resilience amid political risks

German equities may prove relatively resilient to domestic political uncertainty, partly because many of the companies listed on the DAX derive a substantial share of their revenues from international markets. According to Sharon Bell, European equity strategist at Goldman Sachs, Germany’s political......

Europe’s defence industry struggles to keep pace with Ukraine’s wartime demands

Europe’s defence industry faces a growing challenge as Ukraine pushes its Western partners to move beyond conventional arms deliveries and toward joint production, technology transfers and industrial partnerships capable of responding more rapidly to battlefield needs. Kyiv is increasingly seeking......

Estonia’s defence minister resigns over concerns surrounding defence contracts

Estonia’s Defence Minister Hanno Pevkur has resigned after concerns were raised over the management of defence-related activities and procurement procedures. The Estonian Ministry of Defence confirmed his resignation on Wednesday evening, bringing an end to his tenure, which began in July 2022. Pevkur......

US may reconsider Falkland Islands stance amid pressure on UK defence spending

The United States could reconsider its position on the sovereignty dispute over the Falkland Islands, known in Argentina as the Malvinas, if the United Kingdom fails to increase its defence spending to levels demanded by Washington, according to reports in the British press. The Telegraph reported that......

Taiwan boosts defence budget as Lai calls military investment a path to peace

Taiwan is preparing for a historic increase in defence spending, with President Lai Ching-te describing the move as a necessary investment in maintaining peace and stability. The proposed 2027 defence budget is set to surpass T$1 trillion for the first time, reflecting Taipei’s efforts to strengthen......

Taiwan plans 16% defence spending increase to exceed $31 billion in 2027

Taiwan is preparing to increase defence spending by 16% in 2027, with the proposed budget expected to surpass T$1 trillion ($31 billion) for the first time, according to the official Central News Agency. The planned increase comes as Taipei continues to strengthen its military capabilities amid sustained......

Italy pays €450 million annually for NATO membership, defence minister says

Italy pays approximately €450 million each year as its direct financial contribution to NATO, according to Defence Minister Guido Crosetto, who outlined the country's financial commitments to the alliance during a parliamentary committee meeting on Tuesday. Crosetto said NATO's overall......