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Europe’s rearmament has breathed new life into otherwise struggling automotive plants, a key economic sector in Germany.
Many NATO members lag far behind the U.S. in defense-spending levels and military capabilities. Now they are trying to fix ...
Europe’s 5% NATO defence pledge masks widespread accounting tricks, spending inefficiencies, and a growing gap between ambition and capability.
And even though France has limited room to borrow to scale up its own spending, it, too, could benefit from higher military outlays in the rest of the region, Goldman Sachs economists say.
But as France's debate over military spending intensifies, political divisions mean the chances of finding consensus are increasingly slim. France currently allocates 2% of its GDP to its defence ...
Military spending, a stimulant for growth – and inflation. The sharp rise in defense spending in France, which is set to rise from 2% to 3.5% of GDP, will bolster economic activity.
PARIS — The collapse of the French government is undermining the country’s defense plans as the military budget won’t increase until the political crisis is resolved.. On Wednesday, the Council of ...
NATO member defense spending commitments are overdue, writes Bruce Stokes of the German Marshall Fund. But how plausible are they?
FILE PHOTO: A general view shows the hemicycle during a debate and vote on a motion of no-confidence against the French ...
France’s existing multi-year military plan already aims to increase spending by 90 per cent between 2019 and 2030, with annual outlays excluding pensions set to hit €67.4 billion.
Worldwide military expenditure surged to $2.7 trillion in 2024, marking the sharpest annual increase since the Cold War, driven by escalating conflicts and geopolitical tensions, SIPRI reported ...
LE BOURGET—The French government has launched several military space efforts, spanning space situational awareness ...