Iraq Bulletin

Tag : defence spending

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Germany requests EU escape clause to raise defence outlay

iraqbulletin.co
Germany has formally requested an exemption from European Union borrowing limits to substantially increase its defence spending, citing the need to address rising military threats from Russia. According to reports by Euractiv, the request was made through a letter sent...
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EU to boost military budget in €800 billion defence plan

iraqbulletin.co
The European Union has announced plans to substantially increase its defence spending, committing €800 billion (approximately $868 billion) over the next four years. The decision was formalized during a summit of EU leaders held in Brussels on March 20, 2025,...