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Emmanuel Macron wants to strengthen military as US pulls back from Europe but must tackle steep borrowing costs ...
The defence spending of France is projected to rise from $60.4bn in 2024 to $67.8bn by 2029, according to a recent report by GlobalData. In July 2023, France announced its defence spending plans ...
As Paris eyes a major defence boost, fiscal constraints risk slowing one of Europe’s most ambitious rearmament plans.
The Fifth Republic finds that it’s too deeply in debt to defend itself.
If the increase in defence spending to 3% of GDP or more is not offset by more stringent budgetary efforts and/or burden sharing at the EU level, France’s budget deficit is likely to exceed 4% ...
Spain’s prime minister, Pedro Sánchez, has broken ranks with other NATO leaders as he refused to commit to spending 5 percent ...
France, he said, will have to increase its Defense spending. "We will make additional investments in defense without having ...
In response, the French Foreign Ministry said France was among the 23 NATO member countries that already spend at least 2% of GDP on defence, and is due to double its defence spending by 2030.
PARIS — The collapse of the French government is undermining the country’s defense plans as the military budget won’t increase until the political crisis is resolved. On Wednesday, the Council of ...
Boeing expects a "very significant expansion" in Europe over the next decade, executives told a briefing at the Paris Air ...
And even though France has limited room to borrow to scale up its own spending, it, too, could benefit from higher military outlays in the rest of the region, Goldman Sachs economists say.