
French President Emmanuel Macron announced on Sunday a plan to increase defense spending over the next two years due to growing threats.
In the French president's traditional address to the armed forces on the eve of Bastille Day, Macron declared: "Since 1945, freedom has never been so threatened and never so seriously."
According to Macron, France's annual defense spending will increase to 64 billion euros by 2027 - a sum that would double the 32 billion euros in annual spending when he took office in 2017. France had previously aimed to reach this goal by 2030.
Macron also said that an additional 3.5 billion euros will be invested for 2026 and another 3 billion euros in 2027, at the end of his second term.
"To be free in this world, we must be feared. To be feared, we must be powerful," Macron declared.
"Never has peace on our continent depended so much on the decisions we make now," he added.
According to Macron, Europe is at risk because of Russia's war in Ukraine, wars in the Middle East and because "the US has added a form of insecurity." He also warned of risks from cyber threats and disinformation campaigns.
Macron added that Prime Minister François Bayrou will provide more details on defense investments on Tuesday, in a speech on plans for the 2026 budget./DW