France’s defence spending surge threatened by high national debt
Emmanuel Macron wants to strengthen military as US pulls back from Europe but must tackle steep borrowing costs
Emmanuel Macron wants to strengthen military as US pulls back from Europe but must tackle steep borrowing costs

Twin crises are undermining the remains of Macron’s legacy and his country’s EU standing

Berlin plans a 70% increase in military spending to €162bn by 2029, according to leaked paper

Dire finances reflect pandemic and energy crisis largesse but also president’s early tax cuts

EU leaders to discuss measures aimed at making single currency more attractive on global markets

Fund’s research tempers claims by European governments that bigger military budgets should revitalise their economies

Macron’s decision to extend the deterrent is a boost for the continent’s defence