Germany’s conservatives and Social Democrats announced plans on Tuesday to create a €500 billion fund for infrastructure and adjust borrowing rules to allow for a major increase in defence spending.
Leaders of both parties, negotiating a new coalition government, said uncertainty over U.S. support for Ukraine following Donald Trump’s decision to freeze military aid had prompted the move.
CDU/CSU leader Friedrich Merz, expected to become Germany’s next chancellor, said Europe must be prepared to take greater responsibility for its security.
“In view of threats to our freedom and peace, whatever it takes must now apply to defence as well,” Merz said.
The CDU/CSU and SPD will propose an amendment to Germany’s constitution to exempt defence spending above 1% of GDP from the country’s debt brake. The motion will be submitted to the Bundestag next week.
Germany’s push for greater defence investment signals a shift in European security policy, as uncertainty over U.S. commitments continues to grow.
A U.S.-Iran memorandum of understanding aimed at ending war between the two countries has been signed electronically by President Donald Trump and Ira...
The European Parliament has adopted one of its strongest resolutions on Georgia to date, calling for the release of political prisoners, backing sanct...
Uzbekistan’s first-ever FIFA World Cup match ended in a 3-1 defeat to Colombia on June 18, but the game still delivered a historic moment as Abbosbe...
Russian President Vladimir Putin has welcomed the recent agreement between the U.S. and Iran, saying it could help stabilise the Middle East and ease ...
The Caspian Sea has retreated by up to 35 kilometres along Kazakhstan's coastline since 2006, raising fresh concerns about the future of the world's l...
The Caspian Sea has retreated by up to 35 kilometres along Kazakhstan's coastline since 2006, raising fresh concerns about the future of the world's largest inland body of water and the communities, industries and ecosystems that depend on it.
Russian President Vladimir Putin has welcomed the recent agreement between the U.S. and Iran, saying it could help stabilise the Middle East and ease pressure on global energy and food markets.
More than 100 Chinese companies approved for inclusion on the United States' most powerful trade restriction list have not yet been formally added, as Washington has decided, for now, not to proceed, according to a report by Reuters.
Voters in Makerfield are casting their ballots in a closely watched by-election that could have implications far beyond Greater Manchester.
Donald Trump has said the U.S. will resume bombing Iran if Tehran doesn't "behave," at the sidelines of the G7 summit in France. Earlier, the U.S. President criticised Israel for its tactics against Hezbollah, saying it was unnecessary to bomb entire apartment buildings to tackle militants.
A U.S.-Iran memorandum of understanding aimed at ending war between the two countries has been signed electronically by President Donald Trump and Iranian President Masoud Pezeshkian. Meanwhile, Israel has continued to carry out lethal strikes on southern Lebanon.
U.S. President Donald Trump said a preliminary agreement to end the war in the Gulf has been signed by the U.S. and Iran, though details have yet to be made public and both countries said a permanent truce is yet to be negotiated.
A cyber extortion group has claimed it stole more than a terabyte of data from Danish pharmaceutical giant Novo Nordisk after the company allegedly refused to pay a $25 million ransom.
Pakistan's heavy reliance on imported energy was laid bare by the U.S.-Iran conflict, which disrupted regional supplies, drove up costs and exposed vulnerabilities in the country's energy security. However, a proposed peace agreement now offers hope for economic relief.
Russian President Vladimir Putin has welcomed the recent agreement between the U.S. and Iran, saying it could help stabilise the Middle East and ease pressure on global energy and food markets.
More than 100 Chinese companies approved for inclusion on the United States' most powerful trade restriction list have not yet been formally added, as Washington has decided, for now, not to proceed, according to a report by Reuters.
Voters in Makerfield are casting their ballots in a closely watched by-election that could have implications far beyond Greater Manchester.
A man carrying a Georgian passport has been arrested in Warsaw over the murder of an exiled Kremlin critic in Poland, authorities said. Police said the passport was issued to a 36-year-old Georgian citizen.
Thailand is reviving plans for one of its most ambitious infrastructure projects in decades, a proposed $30 billion “Land Bridge” that would connect the Gulf of Thailand with the Andaman Sea and offer an alternative trade route to the busy Strait of Malacca.
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