France To Raise Defense Spending As Threats Mount

Macron

French President Emmanuel Macron announces the spending boost at Mont-de-Marsan airbase on Jan. 20.

Credit: Bob Edme/AFP/Getty Images
France is planning to raise defense spending by around a third, President Emmanuel Macron has declared, with the funding being deployed to transform the country’s armed services. Spending under the country’s military planning law (LPM) will be raised to €413 billion ($450 billion) over the 2024-2030...

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