https://sputnikglobe.com/20220613/macron-asks-french-defence-ministry-to-revise-military-spending-until-2025-1096276115.html
Macron Asks French Defence Ministry to Revise Military Spending Until 2025
Macron Asks French Defence Ministry to Revise Military Spending Until 2025
Sputnik International
PARIS (Sputnik) - French President Emmanuel Macron has asked the Ministry of Armed Forces to review the Military Programming Law 2019-2025 (LPM) as France... 13.06.2022, Sputnik International
2022-06-13T13:38+0000
2022-06-13T13:38+0000
2022-06-13T13:39+0000
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"I instructed the [defence] minister and the chief of general staff of the French armed forces to review the Military Programming Law 2019-2025 in light of the geopolitical events," Macron said at the opening of the biennial Paris-hosted arms fair Eurosatory.France has "entered a war economy," Macron said.The LPM sets France's defence spending for the designated period at 295 billion euros ($308 billion) with an ultimate aim of increasing expenditures to 2% of GDP, which is the NATO standard.In addition to France supplying Ukraine with military and financial aid since the start of hostilities in February, Macron has initiated a personal mediation effort between Kiev and Moscow. He is expected to visit the Ukrainian capital with the German chancellor and the Italian prime minister later this month to discuss the unblocking of grain exports in the Black Sea.
https://sputnikglobe.com/20220603/macron-says-hes-spent-about-100-hours-on-phone-with-putin-discussing-ukraine-situation-1095986873.html
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Macron Asks French Defence Ministry to Revise Military Spending Until 2025
13:38 GMT 13.06.2022 (Updated: 13:39 GMT 13.06.2022) PARIS (Sputnik) - French President Emmanuel Macron has asked the Ministry of Armed Forces to review the Military Programming Law 2019-2025 (LPM) as France needs its economy levelled with the geopolitical situation amid the Ukraine crisis.
"I instructed the [defence] minister and the chief of general staff of the French armed forces to review the Military Programming Law 2019-2025 in light of the geopolitical events," Macron said at the opening of the biennial Paris-hosted arms fair Eurosatory.
France has "entered a war economy," Macron said.
The LPM sets France's defence spending for the designated period at 295 billion euros ($308 billion) with an ultimate aim of increasing expenditures to 2% of GDP, which is the NATO standard.
In addition to France supplying Ukraine with military and financial aid since the start of hostilities in February, Macron has initiated a personal mediation effort between Kiev and Moscow. He is expected to visit the Ukrainian capital with the German chancellor and the Italian prime minister later this month to discuss the unblocking of grain exports in the Black Sea.