PARIS — France will accelerate a hike in defense spending to reach €64 billion (US$75 billion) in 2027, three years earlier than planned, President Emmanuel Macron told troops and military ...

French Prime Minister François Bayrou announced drastic measures to reduce the public deficit by €43.8 billion in 2026, including the proposed elimination of two public holidays. He warned that ...

French President Emmanuel Macron said on Sunday that France would increase its defence budget more quickly than originally planned, announcing additional spending of €3. 5 billion ($4 billion ...

Military spending stood at $37.64 billion in 2017 when Mr. Macron took office, so it will in effect have doubled in a decade. But it still represents only 2 percent of total economic output today.

French PM François Bayrou unveiled deep spending cuts Tuesday in an effort to rein in France's burgeoning deficit, with proposals including scrapping two public holidays, limiting tax breaks for ...

The Trump administration’s softened tone on European security, urging Europe to increase military spending while remaining under the U.S. security umbrella, is risky, argue Defense Priorities ...

He said France will aim to spend 64 billion euros ($74.8 billion) in annual defense spending in 2027, the last year of his second term. That would be double the 32 billion euros in annual spending ...

He said France will aim to spend 64 billion euros ($74.8 billion) in annual defense spending in 2027, the last year of his second term. That would be double the 32 billion euros in annual spending ...

PARIS (AP) — French President Emmanuel Macron on Sunday announced 6.5 billion euros ($7.6 billion) in extra military spending in the next two years because of new and unprecedented threats, ...