Tag #Military Budget

Showing 49 to 60 of 74 results

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China's Military Budget to Increase by 7.2 Percent

China's military budget will increase by 7.2 percent to approximately $231 billion USD, part of President Xi Jinping's plan to create a "world-class" military by 2049, amidst rising tensions with Taiwan and other regional conflicts.

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theguardian.com
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Germany Races to Secure €200bn Defence Fund Before Parliament Dissolution

Germany's incoming government is racing against time to secure parliamentary approval for a new €200bn defence fund before the current parliament dissolves in March, aiming to boost military spending amidst geopolitical concerns and pressure from the US, despite potential opposition from far-left an...

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zeit.de
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UK to Increase Defense Spending to 2.5% of GDP by 2027

UK Prime Minister Keir Starmer announced a significant increase in defense spending from 2.3 percent to 2.5 percent of GDP by 2027, aiming for 3 percent long-term, funded by cuts to development aid from 0.5 percent to 0.3 percent of GDP by 2027.

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politico.eu
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Trump's 5 Percent NATO Spending Demand Divides European Allies

President Trump's demand that NATO members increase defense spending to 5 percent of GDP is creating divisions within the alliance, with many European nations citing budgetary constraints and questioning the feasibility of such a rapid increase, while others, particularly those bordering Russia, are...

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welt.de
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Kiel Report: Strategic Defense Spending Could Boost European Economies

The Kiel Institute for the World Economy's report finds that strategic increases in European defense spending, primarily focused on domestic production and financed through debt, could boost economic growth, contradicting the traditional trade-off between military spending and civilian welfare.

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cnnespanol.cnn.com
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Spain Falls Short of NATO Defense Spending Target

Spain's defense spending reached 1.28% of its GDP in 2024, failing to meet the NATO 2% target despite a 70% increase over the past decade; this shortfall has prompted discussions with NATO leadership regarding future commitments, even as Spain highlights its eighth-place position in absolute spendin...

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politico.eu
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France Seeks to Fund Defense Spending Increase Through Wealth Taxes and Private Investment

France plans to increase defense spending beyond 3 percent of its GDP by 2030, potentially through higher taxes on the wealthy and private investment funds, to meet growing security threats in Europe. This plan follows President Macron's assessment that current €413 billion allocation for 2024-2030 ...

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pda.kp.ru
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Putin Open to Halving Russia's Defense Budget

President Vladimir Putin expressed openness to a 50% reduction in Russia's defense budget, mirroring a potential similar cut by the US, contingent on the accuracy of cost comparisons and China's participation, following a proposal by Donald Trump.

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elmundo.es
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Spain Seeks EU Funds for Defense Spending Increase

The Spanish government plans to use European Union funding, including potential EU debt or the European Stability Mechanism, to increase its defense spending to meet NATO targets without impacting its national budget or facing domestic political opposition.

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tr.euronews.com
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NATO Allies Boost Defense Spending, But More Needed to Deter Russia

NATO allies in Europe and Canada increased defense spending by 20% in 2024 to $485 billion, but Secretary General Mark Rutte says significantly more is needed by 2030 to deter Russia, potentially exceeding 3% of GDP, as Russia outspends European allies and a new Danish report highlights the risk of ...

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zeit.de
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Germany Faces Massive Defense Spending Hike to Meet NATO Targets

Germany faces a drastic increase in defense spending to meet new NATO targets, potentially requiring tens of billions of euros annually, prompting debates on fiscal policy and political disagreements among parties.

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elmundo.es
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Spain Faces Mounting Pressure to Increase Defense Spending

Facing pressure from NATO and the EU, Spain's defense spending of 1.29% of GDP is far below the 2% target, requiring an additional €25 billion annually to reach the potential future target of 3%, a figure equivalent to Spain's November pension expenditure.

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48% Bias Score

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Showing 49 to 60 of 74 results