The increase was announced hours before a NATO meeting during which member countries are expected to agree to raise military spending to 5 percent of their G.D.P.
Author: MELISSA EDDY
Tesla Sales Fall in Germany and U.K. to Lowest Point in 2 Years
Demand for the U.S. automaker’s vehicles slid amid stronger competition from Europe and China and rising anger at Elon Musk’s political forays.
Europeans Shun Tesla, Even as Electric Vehicle Sales Rise
Demand for the U.S. auto maker’s vehicles slid amid stronger competition from Europe and China and rising anger at Elon Musk’s political forays.
Swedish Battery Maker Northvolt Collapses, a Blow to Europe
The company and its assets will be sold after it filed for bankruptcy in Sweden, sinking Europe’s best hope for competing against Asian rivals.
Volkswagen’s Profit Under Pressure From Tariffs and Competition
The German auto giant’s earnings fell last year as it pushed ahead with a restructuring in the face of tariff uncertainty in the United States and lost market share in China.
German Central Bank Loss Points to More Economic Woes for Germany
The central bank’s president said it was “not possible to rule out” a third year of no economic growth.
Syrian Refugees in Germany Are Glad They Can Visit Home. But Just Visit.
The more than one million Syrians who fled to Germany have celebrated the end of war in their homeland, but some fear it could mean losing their refugee status.
Christmas Market Attack in Germany Stirs Political Sniping
After an assailant driving an S.U.V. killed five people, calls for solidarity have quickly given way to criticism by rival lawmakers, ahead of snap elections set for February.
Volkswagen’s Woes Reflect a Stagnant German Economy
Germany’s largest automaker rode a wave of strong sales for years, but lagging demand and pressure from China are forcing it to consider layoffs.