The European Commission provided new details on Wednesday of proposals to finance a jump in defence readiness to deter any ...

American arms companies are to be excluded from a €150 billion ($165 billion) defense spending initiative by the European ...

The EU on Wednesday will look to launch plans to help member states bolster their defences as Europe grapples with Russian ...

German lawmakers have reached an agreement to exempt some defense spending from the nation’s tight rules on running up debt.

The German chancellor-in-waiting, Friedrich Merz, has won a vote in parliament to allow a huge increase in state borrowing ...

The plan for now excludes the U.K., Turkey and the U.S., though officials in Brussels are planning fresh overtures at Britain ...

Shares in Europe’s biggest airlines and travel groups, including British Airways owner IAG and KLM-Air France, faced heavy ...

Friedrich Merz passed a major test as the outgoing parliament voted 513-207 in its final meeting to approve the plans.

Berlin’s decision to lift all caps on military spending and binge on infrastructure marks a U-turn for the fiscally ...

The debate over the deal cast defense spending as an issue of growing urgency as doubts increase about the U.S. commitment to ...

European leaders agreed to surge defense spending and voiced near-unanimous support for Ukraine at an extraordinary meeting ...

European Union leaders are holding emergency summit talks to beef up their own military defenses and make sure Ukraine will ...