Emmanuel Macron, the French President, has declared an increase in military expenditure. An additional 6.5 billion euros will be allocated over the next two years. This decision comes in response to ...

French Prime Minister François Bayrou’s budget bombshell on Tuesday wasn’t just a wake-up call for France.

He said France will aim to spend 64 billion euros ($74.8 billion) in annual defense spending in 2027, the last year of his second term. That would be double the 32 billion euros in annual spending ...

French President Emmanuel Macron has issued a dire warning about the security of Europe, calling the current geopolitical climate the gravest threat since World War II. In a hard-hitting speech on the ...

France’s worsening fiscal situation is raising alarms across the European Union, with financial analysts warning of potential ripple effects on the e ...

The European Commission is proposing a record 2-trillion-euro budget for 2028-2034, boosting funds for Ukraine, defense, and foreign policy. But tough negotiations lie ahead as richer EU states balk ...

French PM François Bayrou unveiled deep spending cuts Tuesday in an effort to rein in France's burgeoning deficit, with proposals including scrapping two public holidays, limiting tax breaks for ...

EU nations risk “increased debt levels and unsustainable finances” if they raise defense spending too quickly, Danish Economy Minister Stephanie Lose warned.

He said France will aim to spend 64 billion euros ($74.8 billion) in annual defense spending in 2027, the last year of his second term. That would be double the 32 billion euros in annual spending ...