Macron highlighted that the “American disengagement” leaves Europe with the responsibility of defending itself, declaring, “You have to be feared in this world. And to be feared you have to be strong.” As a reflection of this strategy, he announced an ambitious increase in military spending, targeting $74.8 billion by 2027, nearly doubling the military budget since his tenure began in 2017. Over the next two years, military expenditures will rise by €6.5 billion (approximately $7.6 billion).
Despite this increase, the military spending will still account for only 2% of France's total economic output, demonstrating a cautious approach compared to NATO's recent benchmark of 5% of national income by 2035 for member states. Leading this proactive stance comes with the commitment to bolster France's military readiness in an increasingly uncertain geopolitical landscape.
Despite this increase, the military spending will still account for only 2% of France's total economic output, demonstrating a cautious approach compared to NATO's recent benchmark of 5% of national income by 2035 for member states. Leading this proactive stance comes with the commitment to bolster France's military readiness in an increasingly uncertain geopolitical landscape.
