Iran’s government plans to increase its military budget by about 200 percent, government spokeswoman Fatemeh Mohajerani said…
Russia | Increase in the military spending by 25% in 2025
Russia’s defence spending will increase by 25 percent in 2025 to 13.5 trillion rubles ($145.32 billion) from 10.8 trillion rubles…
USA | $886 billion defence budget approved
The US Congress yesterday approved the defence budget (NDAA), which provides for annual expenditures of a record amount of…
ECOFIN | Defence spending not included in deficit
Pursuant to the Ecofin agreement, Greece’s defense spending is exempted from budget deficit goals. This has been a fixed…
Turkey | Defence budget increased by 150% for 2024
Turkey will allocate more than $40 billion to its defence budget for 2024, which marks a 150-percent increase compared to this year…
SIPRI | Military spending in Europe peaks since the Cold War
Military spending in Europe surpassed its post-Cold War level in 2022, marking the highest increase in more than three decades.
Czech Republic | Defence spending at 2% of GDP
The Czech government has recently expressed its intentions to fundamentally upgrade its defence capabilities in light of…
Great Britain | Increase in defence spending by $1.21 billion
Britain is expected to increase defence spending by more than $1.21 billion over the next two years in order to avoid a real-terms cut.
NATO | Member-states agree to considerably increase 2023 budget
The member-states of the North Atlantic Treaty Organization have agreed to considerably increase their joint spending in light of…
EDA | Unprecedented European defence spending exceeding €200 billion
The European Defence Agency (EDA) has published its annual Defence Data report for 2020-2021, detailing defence spending…
