Macron Considers 150% Military Spending Hike for EU Defense
President Macron discussed increasing France’s military spending from 2.1% to 5% of GDP, a possibility considered in response to a potential US withdrawal of transatlantic protection. This significant increase was mentioned during meetings with political parties and in a social media Q&A regarding the evolving security landscape in the wake of the Ukraine conflict. Macron emphasized the need for greater European defense investment and did not rule out innovative financing mechanisms, such as national savings bonds. However, he reiterated France’s current non-interventionist military stance in Ukraine.
John Q. Hosedrinker