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Europe
Does France's new military budget really just offer a 'low-cost war economy'?
2023-04-19
[The National] n the April 4, Sebastien Lecornu, France’s Minister of the Armed Forces, released a new Military Programming Law meant to provide the framework for the country’s defence expenditure during the 2024-2030 period. The government of President Emmanuel Macron has talked of an "historic" budget meant to "transform" its armed forces.

In light of the war in Ukraine and its long-term effect on European security policies, France is determined to remind everyone that since Brexit it remains the de facto biggest military power of the EU. It follows announcements by Germany’s government last February that it would increase its own annual defence budget by €10 billion ($11bn).

At first sight, the new bill submitted by the French government evidences its ambitions: estimated at €413bn, the law represents an increase of more than €100 billion from the previous one for the 2019-2025 period. But the numbers hide a more complex reality. Less than a post-Ukraine military revolution, the bill reflects a compromise that takes stock of several constraints at the strategic, political and economic levels.
Posted by:Besoeker

#2  Their full budget is less than our variance.
Posted by: Super Hose   2023-04-19 12:19  

#1  While we become more like Zimbabwe, France becomes more like the French.
Posted by: Besoeker   2023-04-19 05:21  

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