German Foreign Minister says defence spending will reach more than 4% of GDP in 2026 and on the way to 5%

Newsquawk StaffPublished 22 May 2026, 08:12 UTCOn the live feed at 07:52 UTC — 6 more headlines followed before this page went public

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08:00

German Ifo Current Conditions (May) 86.1 vs. Exp. 85.1 (Prev. 85.4, Low. 84.5, High. 86.2)

07:59

The next EU-UK summit could be postponed until July at the earliest (vs initial June date), Bloomberg reports citing sources; citing the prospect that substantial deals won’t be agreed in time

07:52

German Foreign Minister says defence spending will reach more than 4% of GDP in 2026 and on the way to 5%

07:51

[CALENDAR ADDITION] ECB President Lagarde to speak in the Eurogroup press conference at 09:30BST/04:30EDT

07:37

Yara International (YAR NO) CEO says they have not had to reduce production due to the Hormuz issue and are running at full blast, via Bloomberg interview

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