France's parliament approves big boost in military spending, spurred by Ukraine war
France’s parliament has approved a boost to military spending spurred on by Russia's war in Ukraine
PARIS (AP) —
France’s parliament on Thursday approved a multi-billion-euro boost to military spending through the rest of this decade, spurred by Russia’s war in Ukraine and fast-growing global threats.
President Emmanuel Macron pushed for the bigger budget, which would spend 413 billion euros ($450 billion), the most significant spending hike in half a century. The money would modernize France’s nuclear arsenal, augment intelligence spending and develop more remote-controlled weapons.
He has argued the boost was needed to ensure “our freedom, our security, our prosperity, our place in the world.” The defense minister has compared it to France’s push in the 1960s to develop nuclear weapons, making the country one of the world’s bigger military powers.