France will reach NATO’s target of spending 2 ... The official added that the budget problems could undermine relations with defense contractors. “If the state encourages manufacturers to produce by ...

PARIS — Will France’s defense-spending boost threaten the country’s beloved welfare ... All European countries are massively ramping up defense spending, and all are facing similar issues on where to ...

Mr. Barnier told the Agence France-Presse news agency that the ... After Russia invaded Ukraine, he substantially increased military spending to deal with the threat. All that spending seemed ...

French President Emmanuel Macron is spearheading an accelerating effort to reshape European security. He is taking the initiative just as the European Commission agrees on an €800bn plan to ...

PARIS/STOCKHOLM/PRAGUE, June 16 (Reuters) - As venture capital investors look to profit from Europe’s defence spending boom, speculators hunting for the next unicorn need to navigate hurdles such as ...

Investments in electronic warfare and the militarization of space are also necessary, he added. Around two years ago, Macron initiated a significant increase in France's military spending to € ...

A budget-constrained France could launch a national loan to fund plans to beef up its defence spending, Prime Minister Francois Bayrou and Finance Minister Eric Lombard said on Friday. European ...

External Affairs Minister S Jaishankar and French counterpart Jean-Noel Barrot agreed to enhance cooperation in defence, ...

(MENAFN) French President Emmanuel Macron has revealed that France will double its defense budget as part of strategic military reforms, urging other EU countries to increase their own defense ...

France's Prime Minister Francois Bayrou ... said earlier this month that the EU would suspend public spending rules to ramp up defence investments as US commitment to European security has ...

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.

By contrast, France’s entire defense budget is €47 billion. “The country is in an unprecedented situation,” Antoine Armand, France’s new economy minister, said at a news media briefing.