Sparta was one of the most powerful city-states in antiquity. The ancient capital of the Laconia district of the southeastern ...

Norway joins NATO's 5% GDP defense goal, 3.5% military, 1.5% civilian. Aligns with security priorities, but timeline and impact on services unclear, requiring parliamentary approval.

WisdomTree said its Europe Defence (spelled the British way) UCITS ETF IT:WDEF, launched on March 11, has already surpassed $3 billion in assets under management. Data from ETFGI, a research and ...

NATO members have pledged to bring defense spending to 5% of GDP, with NATO's chief saying it will be used for a fivefold ...

Hungary just activated a rarely used “national escape clause”, allowing it to bypass normal EU budget limits and boost spending.

NATO members have agreed to a new defense spending goal of 5% of each country’s economic output by 2035, more than doubling the previous figure of 2%. It’s an ambitious timeline that ...

S&P Global Ratings said the NATO 3.5% GDP core defense spending target could add $2 trillion of government debt across European member countries by 2035.

Defence equipment procurement In 2023, more than 80% of defence investments, some €61 billion, were allocated to the procurement of new defence products. The growing trend was confirmed in 2024, when ...

The Trump administration’s softened tone on European security, urging Europe to increase military spending while remaining ...

Europe should pool its defence investments since that would reduce cost, expedite the process and create a new safe financial ...

NATO leaders meeting in the Netherlands on 25 June approved The Hague Summit Declaration, agreeing to invest 5% of GDP on ...

António Costa, president of the European Council, said in a recent interview that he expects NATO members’ new 5 percent ...