French President Emmanuel Macron has pledged to increase military spending by €6.5bn over the next two years, saying the effort was urgent and necessary in the face of mounting threats, including from Russia.
In a speech to military officials on the eve of Bastille Day, Macron argued that France still had the means to bolster defence spending, despite the pressing need to repair its degraded public finances.
Macron said the 2026 defence budget would be raised by €3.5bn, and another €3bn in 2027. This would represent a roughly 6 per cent increase over the total €110bn that has already been planned for 2026 and 2027 combined.
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