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Keywords: Defence Spending
Germany is facing increasing financial pressure after the country’s council of tax experts lowered its forecast for tax revenues between 2026 and 2030. The revised estimates are expected to place additional strain on the federal budget at a time when the government is already dealing with slower......
NATO member states should reach the alliance’s target of spending 5% of gross domestic product (GDP) on defence by 2030, five years earlier than currently planned, according to Poland’s defence minister Wladyslaw Kosiniak-Kamysz. Speaking at a defence conference in Warsaw, he warned that......
Norway announced on Friday that it will boost its long-term defence plan by 115 billion Norwegian kroner (approximately $11.87 billion) through 2036. The increase is part of a broader trend among NATO countries to strengthen military capabilities amid Moscow’s war in Ukraine and under pressure......
Denmark has reversed course on planned cuts to military assistance for Ukraine and will now provide about 14 billion Danish kroner in support in 2026, equivalent to roughly 2.2 billion dollars. The decision replaces an earlier plan unveiled in December 2025 that would have lowered next year’s Ukraine......
Estonia’s Foreign Intelligence Service said in its 2026 annual report on Tuesday that Russia does not intend to launch a military attack on a NATO member state this year or next year. The 86-page assessment, however, warned that Moscow is rebuilding its military capabilities at speed as European......
US President Donald Trump has sharply criticized Spain for refusing to meet Nato's 5% defence spending target, threatening to double tariffs on the country in retaliation. The remarks were made following the Nato summit in the Netherlands, where Trump promised to make Spain pay “twice as much”......
On Thursday, June 26, Russian authorities reported intercepting multiple Ukrainian drone attacks across various regions. According to Moscow’s Mayor Sergei Sobyanin, two drones were shot down near the capital, prompting temporary flight suspensions at Vnukovo International Airport. Airports along......
Spain has reached an agreement with NATO to opt out of a proposed defence spending goal that would require member nations to allocate 5% of their GDP to defence. Prime Minister Pedro Sánchez announced the deal on Sunday, just days ahead of the NATO summit in The Hague. A compromise on defence......
NATO is grappling with a last-minute block from Spain on an ambitious defence spending agreement ahead of a critical summit in The Hague next week. The proposed deal, championed by NATO leadership to meet the demands of former US President Donald Trump, has been upended by Spanish Prime Minister Pedro......