Germany has said it supports a higher defense spending target even though this could leave Europe’s largest economy in fiscal ...

The head of the NATO military alliance warned Monday that no country could have an opt-out from a massive new hike in defense ...

NATO leaders are expected to agree by Wednesday that member countries should spend 5% of their gross domestic product on ...

Australia confronts a “guns or butter” choice between a bigger defense budget and expanding national disability insurance and ...

Germany is planning to lift core defense spending to 3.5% of gross domestic product over the next five years as part of a ...

CNBC's Charlotte Reed joins "Squawk Box Europe" to discuss after Spanish Prime Minister Pedro Sánchez says his country will ...

NATO meets for its annual summit this week, and the U.S. is pushing for allies to sharply increase their defense spending to ...

Prime Minister Pedro Sánchez says that Spain reached a deal with NATO to be excluded from a 5% of GDP defense spending target ...

Spain obtained an exemption from NATO’s ambitious defense spending target of 5% of GDP after several days of diplomatic ...

South Korea's Defense Ministry said Friday that its defense spending as a share of gross domestic product is already "very ...

Despite pledges by many European nations to boost military self-sufficiency, the continent remains heavily reliant on U.S.

NATO allies have reportedly agreed to hike their defense spending to 5% of gross domestic product (GDP) by 2035. One chart ...