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2d ago

Macron Accelerates France’s Defence Budget to €64 Billion by 2027

The extra €6.5 billion will be financed through increased domestic production under plans that include a European nuclear deterrence dialogue ahead of a new strategic review due this week.

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Members of the French military listen to the French President Emmanuel Macron's (not pictured) address,
France's President Emmanuel Macron delivers a speech to army leaders, on the eve of the annual Bastille Day Parade in the French capital, at l'Hotel de Brienne in Paris, France July 13, 2025. LUDOVIC MARIN/Pool via REUTERS
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Overview

  • Macron moved up the target date for doubling France’s military spending from 2030 to 2027, setting an annual budget goal of €64 billion.
  • He earmarked an additional €3.5 billion for 2026 and €3 billion for 2027 to meet the accelerated timetable.
  • The president linked the funding boost to ramped-up domestic economic activity and industrial output to reinforce financial independence.
  • He directed top military and defense officials to launch a strategic dialogue with European partners on the role of France’s nuclear arsenal in continental defense.
  • A new National Strategic Review, to be published this week, is expected to formalize these shifts and reset France’s defense posture for the coming decade.