The chief of the European Union’s executive proposes an 800 billion euro ($841 billion) plan to beef up EU defenses to lessen ...

ReArm Europe” could mobilise close to 800 billion euros of defence expenditures for a safe and resilient Europe.

"Europe is ready to massively boost its defence spending," European Commission President Ursula von der Leyen said Tuesday.

BRUSSELS -The European Commission proposed on Tuesday new joint EU borrowing of 150 billion euros to lend to EU governments for defence as part of an overall 800 billion total financing effort to ...

Make UK chief calls for support for small businesses as Europe faces pressure from US to shoulder security cost ...

Last week, U.S. President Donald Trump floated a 25% tariff on cars and other goods from the European Union. Shares of automakers, which are vulnerable to trade duties, declined on Tuesday, with ...

The prospect of increased European defense spending is unlikely to provide a significant boost to eurozone growth or the euro, ING said.

The European Union will propose extending €150 billion ($158 billion) in loans to boost defense spending after decades of ...

The announcement by the European Commission comes as the U.S. announces an immediate pause on military aid to Ukraine.

Ursula von der Leyen said the measures would allow EU countries to significantly increase their defense budgets and make it ...

Then-president Joe Biden approved the assistance, reaffirming what the State Department called America's "unwavering support for Ukraine's sovereignty and territorial integrity." ...