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French President Emmanuel Macron announced today that France will invest an additional 36 billion euros in defense between 2026 and 2030. Allegedly, the additional investment will mainly be used to increase ammunition reserves, strengthen the military's combat readiness level, enhance France's national defense autonomy, and enhance nuclear deterrence capabilities. Macron also said that France has fulfilled its promise to increase defense investment to 2.5% of GDP, and reiterated that it will achieve the goal of doubling its military budget compared to 2017 by the end of its second presidential term.
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French President Emmanuel Macron announced today that France will invest an additional 36 billion euros in defense between 2026 and 2030. Allegedly, the additional investment will mainly be used to increase ammunition reserves, strengthen the military's combat readiness level, enhance France's national defense autonomy, and enhance nuclear deterrence capabilities. Macron also said that France has fulfilled its promise to increase defense investment to 2.5% of GDP, and reiterated that it will achieve the goal of doubling its military budget compared to 2017 by the end of its second presidential term.
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