Germany has most foundations in Europe, with Spain top for expenditure

Germany will take more responsibility for protecting Europe by building the EU's largest army, Commissioner Friedrich Merz said Wednesday in a broad speech in Bundestag.

The potential Russian threat and the possible withdrawal of the American shield have forced Berlin to change its defence policy.

Germany will take more responsibility for protecting Europe by building the EU's most powerful army, Commissioner Friedrich Merz said Wednesday in a broad speech in Bundestag.

Chancellor Friedrich Merz says that Germany will build the most powerful conventional weapon in the European Union. Merz: "The federal government will provide all the financial resources that Bundeswehr needs to become the most powerful conventional weapon in Europe" Germany reaffirms its unconditional support for Ukraine and warns about the approaching Beijing-Moscova. German Chancellor Friedrich Merz announced Wednesday in Bundestag that Berli…

Germany has most foundations in Europe, with Spain top for expenditure

There are approximately 175,203 foundations across Europe with combined assets of nearly half a trillion euros, and a total annual expenditure of €76bn, according to a new report by Philea. Fabric of Giving 2025 aggregates data on foundations across 34 European countries, and follows Philea’s 2023 report Public-Benefit Foundations in Europe, which looked at 26 countries. Despite covering more countries, the total number of foundations found in 2…