Macron Calls for Massive EU Defense Spending as US Influence Wanes
In light of a perceived shift in U.S. foreign policy away from Europe, President Macron has emphasized the urgent need for increased European strategic autonomy. This necessitates substantial investment—hundreds of billions of euros—in a robust, independent European defense industrial base. Several EU nations, echoing this sentiment, are actively pursuing diverse military partnerships and exploring mechanisms to bolster European defense spending and cooperation. Discussions on these critical issues, including new financial tools and incentives, are slated to commence Thursday.
John Q. Hosedrinker