Germany met NATO's target to spend 2% of its gross domestic product on defence in 2024, the government said on Monday, though well short of incoming U.S. President Donald Trump's call for as much as 5%.

He emphasized the urgent need to strengthen the Alliance’s defense capabilities amid military developments in Russia, where the defense industry is growing at a fast pace. Read also: NATO must prepare for potential Russian attack by 2030 - German Defense Minister The production of tanks and aircraft is increasing significantly,

NATO is deploying eyes in the sky and on the Baltic Sea to protect cables and pipelines that stitch together the nine countries with shores on Baltic waters.

Germany met the NATO alliance's target to spend 2% of its gross domestic product on defence in 2024, a government spokesperson said on Monday, as the country weighs the need to further boost longer-term military funding commitments.

NATO is deploying eyes in the sky and on the Baltic Sea to protect cables and pipelines that stitch together the nine countries with shores on Baltic waters.

German Chancellor Olaf Scholz has warned of the threat posed by hybrid warfare from Moscow after an underwater Baltic Sea cable was severed. Scholz was speaking as he met Danish Prime Minister Mette Frederiksen.

Germany has met NATO's 2% GDP defense spending target for 2024. This comes despite budget constraints and aligns with Chancellor Scholz's strategy since Russia's invasion of Ukraine. However, long-term military funding remains uncertain,

Germany is grappling with challenges in funding increased defense spending to meet NATOs target of 2% of GDP, with some analysts suggesting an even higher goal of 4%. Commerzbank (ETR:CBKG) highlights the countrys

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BERLIN (Reuters) -Germany met NATO's target to spend 2% of its gross domestic product on defence in 2024, the government said on Monday, though well short of incoming U.S. President Donald Trump's ...

BERLIN: Germany met NATO’s target to spend 2% of its gross domestic product on defence in 2024, the government

FRANKFURT (Reuters) - The leader of Germany's conservative CDU, the party's candidate to run for chancellor, said on Tuesday that the nation should focus on efforts to reach existing NATO defence spending targets before discussing any further increases.