'Fiscal bazooka for Europe's economy': German lawmakers approves huge defence, infrastructure spending
Tuesday, 18 March 2025 German lawmakers approved a massive defence and infrastructure spending plan proposed by incoming chancellor Friedrich Merz, allocating up to a trillion euros over the next decade. This plan aims to strengthen Europe's security amid concerns over the US stance on the Ukraine war. The proposal received strong support, paving the way for a new European defence community.
The Netherlands is preparing itself for "difficult" conversations about potentially doubling its spending on defence over the coming years, Dutch Defence Minister Ruben Brekelmans has told Euronews.
Credit: euronews (in English) Duration: 12:00Published
Which critical raw materials are used in Europe's defence sector?
The land, naval, aerospace and guided weapons sectors need these critical raw materials. Despite efforts to mitigate the supply..
Credit: euronews (in English) Duration: 01:30Published
Rachel Reeves has announced that defence spending will increase to 2.5% of GDP because we are "living in an uncertain world". The chancellor adds that another £2.2bn will be provided for the Ministry..
Tuesday, 18 March 2025
![Dutch government faces 'difficult' defence spending talks, minister says [Video]](https://video.newsserve.net/300/v/20250415/1408158146-Dutch-government-faces-difficult-defence-spending-talks-minister.jpg)
![Which critical raw materials are used in Europe's defence sector? [Video]](https://video.newsserve.net/300/v/20250411/1407795502-Which-critical-raw-materials-are-used-in-Europe.jpg)
![Chancellor increases defence spending to 2.5% of GDP [Video]](https://video.newsserve.net/300/v/20250326/1406278988-Chancellor-increases-defence-spending-to-of.jpg)
