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 ...

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 ...

To secure their countries in uncertain times, governments around the globe are set to increase defence budgets to a size that ...

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 ...

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 ...

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.

Two problems immediately arise ... True, France is too close to Communist China. True, France has skimped on defense spending for too long, preferring to lecture America with Gaullist arrogance.