France increases defense budget despite strained public finances
6 Articles
6 Articles
France will allocate 63.4 billion euros for defense in 2027, compared to 57 billion euros this year, although the government is facing increasing pressures on public finances, according to a document obtained by POLITICAL. The defense budget will increase by 6.4 billion euros The French government is due to present Thursday, 1 [...]
France will increase the defence budget to €63.4 billion in 2027, from €57 billion this year, despite pressures on public finances.
The French government, according to a document obtained by the European magazine, is scheduled to submit today a 2027 budget bill, which devotes 63.4 billion euros to military spending, compared with 57 billion euros during the current year. The document [...] makes it clear that France intends to increase the defence budget to 63.4 billion euros in 2027 written in the Stock Exchange.
France will increase its defense budget next year, despite growing pressure on the country’s public finances. According to a document obtained by POLITICO, the French government will present its 2027 budget later on Thursday, which foresees 63.4 billion euros for military spending, compared to 57 billion euros this year. Specifically, about 12% will be allocated to nuclear deterrence and 43% to the purchase and maintenance of military equipment.…
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