FRANKFURT, Germany, June 23, 2025 (BSS/AFP) - Germany plans to raise its 
defence budget to 3.5 percent of GDP by 2029, government sources said on 
Monday, which would match a new NATO target for core military spending. 

Defence spending will increase from the 2.4 percent of gross domestic product 
this year, the sources said, as Europe's top economy takes steps to bolster 
its armed forces amid the growing threat from Russia and under pressure from 
the United States.