French military spending will nominally have doubled in a decade from 2017 to 2027 under a new cash boost by President Emmanuel Macron to hedge against the disappearance of the post-Second World War international order.
France will spend an extra $4 billion on defence in 2026 and $3.5 billion more in 2027 on top of the present budget, Emmanuel Macron told military leaders in a eve-of-Bastille Day speech on Sunday night. This extra spending is necessary because world events are running at such a pace Europe risks being left behind and because freedom is under threat, he said.
The President claimed the extra spending would mean the country’s…
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