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

The European Commission on Tuesday proposed a new joint EU borrowing initiative of €150 billion ($157.76 billion) to provide ...

The euro hit a fresh year-to-date high versus the greenback amid renewed bets that a ramp-up in European defense spending ...

Germany's conservatives and Social Democrats (SPD) on Tuesday held talks on forming a coalition as hopes for buoying Europe's ...

UK shares fell due to new U.S. tariffs impacting global markets and declining oil prices affecting energy stocks. The FTSE ...

Von der Leyen’s proposal includes a new joint EU borrowing of 150bn euros ($158bn) to lend to EU governments for defence as part of the overall financing effort. She did not give a detailed timeframe, ...

Any push for new EU borrowing is going to have to win the backing of the 27 member states, a significant hurdle.

EU chief Ursula von der Leyen Tuesday presented a five-part plan to mobilise some 800 billion euros for Europe's defence — ...

Ukraine's budget revenues for January-February met expectations, ensuring sufficient liquidity to support the army's needs ...

European Commission President Ursula von der Leyen said the massive ‘ReArm Europe’ package will be put to the 27 EU leaders.

Ernst, an Iowa Republican, is one of the most influential voices in Congress on military topics. Ethics and military experts ...

The European Commission proposed on Tuesday new joint European Union borrowing of 150 billion euros ($157.76 billion) to lend ...