French President Emmanuel Macron on Friday proposed to boost defense spending by more than a third through 2030 and to “transform" France's nuclear-armed military, to better face evolving threats and take into account the impact of Russia's war in Ukraine.
According to AP, Macron announced a proposal for 413 billion euros (nearly $450 billion) in military spending for the period of 2024-2030, to ensure “our freedom, our security, our prosperity, our place in the world.”
That compares with spending of about 295 billion euros in a similar military plan for 2019-2025.
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