Overview
- Macron warns that European freedom faces its gravest threat since 1945, highlighting Russia’s actions in Ukraine.
- He moved up the goal to double military spending to €64 billion by 2027, with an extra €3.5 billion in 2026 and €3 billion in 2027.
- The plan will be financed through increased industrial activity and arms production rather than new government borrowing.
- New investments will target drones, saturation and precision munitions, space capabilities and enhanced air defense systems.
- He proposed a strategic dialogue on France’s nuclear deterrent with EU partners, while decisions on voluntary military service await an autumn review.