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

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

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

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

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

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

Japan and other U.S. allies have been engaged in difficult trade talks with the U.S. because of Trump's tariffs.

Australia’s deputy prime minister said the nation will base defense spending on national interest, amid calls by President ...

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.

BRUSSELS/MADRID, June 22 (Reuters) – NATO members agreed on Sunday to a big increase in their defence spending target to 5% ...