defense spending

Eurostat announces latest figures, for 2023, with Greece in fourth place

Germany’s €1 trillion spending plan alarms EU partners, who fear unfair competition from Berlin’s subsidies to strategic industries and defense.

The whole package aims to raise €800 billion through loans and debt to help EU countries buy defense equipment, prioritizing products made in the bloc Arms manufacturers from the U.S. and U.K. are set to be largely excluded from new European Union defense procurement loans unless their countries sign defense and security agreements with the […]

While no final agreements will be made today, the ministers are expected to refine their proposals in the coming months, with key decisions scheduled for June

The proposal marks a significant shift in EU defense policy, which has historically been constrained by strict budgetary rules

Earlier on Friday, during the Munich Security Conference, President of the European Commission Ursula von der Leyen announced plans to reform defense spending rules to enable member states to "substantially increase their defense expenditure"

The White House’s strategic decision, finalized just before Monday's presidential handover, marks the first-time Cyprus will participate in the specific US defense programs

Athens wants to deploy an 'Iron Dome'-like system by the summer of 2026

Hosted in Lapland, Finland, which shares a 1,300 km border with Russia, the summit brought together South and North European leaders to discuss security, defense, and migration

The Greek minister also deflected criticism by some opposition quarters over high defense spending, saying neighboring Turkey spends 14 times more