Macron: France's defense budget to reach EUR 64 billion by 2027
French President Emmanuel Macron has said that France's defense budget will double by 2027 compared to the budget when he took office in 2017.
"The budget will reach EUR 64 billion, that is, it will double compared to 2017, and by 2027, and not by 2029, as previously planned," Macron was quoted as saying by Bloomberg.
The French leader specified that to achieve the planned figure, an additional EUR 3.5 billion must be allocated in 2026 and EUR 3.2 billion in 2027.
"To be free in this world, you need to be feared, and to be feared, you need to be strong," the president explained the desire to increase defense spending.
Advertising
Advertising
MORE ABOUT
First group of 40 Ukrainian teenagers injured in traffic accident in France returns to Ukraine
14:46, 18.06.2025
In France, four died, at least 30 injured in bus accident involving Ukrainians – MFA
17:51, 13.06.2025
Umerov, French counterpart discuss drone production for AFU
19:44, 05.06.2025
Ukrainian PM discusses bilateral trade, tougher sanctions on Russia, Ukraine's reconstruction with French Economy Minister
14:30, 04.06.2025
Ukraine, France sign agreements on driver's license exchange, EU integration, education
12:34, 04.06.2025
LATEST
Cabinet appoints brother of former Accounting Chamber Head Patska as Deputy Head of State Service for Children
14:55, 14.07.2025
Cabinet includes 2 heritage sites in Kyiv in State Register of Monuments
14:52, 14.07.2025
Zelenskyy and Kellogg discuss strengthening air defense, joint production and procurement of weapons, and new sanctions against Russia
14:40, 14.07.2025
Over 200 agreements, memos worth over EUR 13 bln signed at URC – Shmyhal
13:50, 14.07.2025
Hostile drone attack injures 6 at educational institution in Sumy region