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The Fifth Republic finds that it’s too deeply in debt to defend itself.
As Paris eyes a major defence boost, fiscal constraints risk slowing one of Europe’s most ambitious rearmament plans.
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.
In the following weeks, Europe’s three leading countries responded to Vance’s remarks with initiatives to increase military spending. However, the United Kingdom, Germany, and France face ...
France is trying to shut out British arms firms from the EU’s defence industrial programme despite the post-Brexit reset.
NATO’s Secretary-General Mark Rutte on Thursday said he will propose that members increase their overall military spending ...
Even as the Trump administration demands that defense spending be ramped up, the president’s tariff war is roiling stock markets and is likely to damage economic growth around the world ...
The U.K. will build new nuclear-powered attack submarines and create an army ready to fight a war in Europe as part of a ...