1. All Stories
  2. Politics
  3. Economy
  4. World
  5. Nuclear
  6. Society/Culture
  7. Space/Science
  8. Sports
  9. Tourism
  10. Other Media
  11. Videos
  12. Photos
  13. Cartoons
  14. Interview
    • فارسی
    • عربی
    • Türkçe
    • עברית
    • Pусский
  • RSS
  • Telegram
  • Instagram
  • Twitter
  • Facebook
  • All Stories
  • Politics
  • Economy
  • World
  • Nuclear
  • Society/Culture
  • Space/Science
  • Sports
  • Tourism
  • Other Media
  • Videos
  • Photos
  • Cartoons
  • Interview

Macron Proposes to Raise EU's Defense Spending to 3.5 Pct of GDP

  • March, 03, 2025 - 12:04
  • Other Media news
Macron Proposes to Raise EU's Defense Spending to 3.5 Pct of GDP

TEHRAN (Tasnim) – French President Emmanuel Macron proposed on Sunday that the European Union (EU) member states should raise their defense spending to 3 to 3.5 percent of the EU's total gross domestic product (GDP).

Other Media

Speaking to the French daily Le Figaro after participating in a defense summit in London, Macron said EU member states should invest "heavily" in European defense to prepare for America's eventual disengagement and to ensure Europe's security, Xinhua reported.

The French president suggested raising considerable amounts together through joint loans or even the European Stability Mechanism. "We probably need initially 200 billion euros (208 billion US dollars) to kick off," he added.

According to statistics published by the European Council, in 2024, the EU member states' total defense expenditure reached an estimated 326 billion euros (338 billion US dollars), about 1.9 percent of the EU's gross domestic product (GDP).

Regarding Ukraine, Macon told Le Figaro that he didn't believe in the possible ceasefire signed by the Americans and Russians.

He, along with British Prime Minister Keir Starmer, had proposed a one-month "truce" in Ukraine, he said.

Macron stressed again that the European troops would only be deployed to Ukraine after the peace should be established.

 
R7839/P
Read more
Macron Says Ready to Respond to Any US Tariffs on Europe
tasnim
tasnim
tasnim
  • About
  • Contact Us
  • Most Visited
  • Archive
Follow Us:
  • RSS
  • Telegram
  • Instagram
  • Twitter
  • Facebook

All Content by Tasnim News Agency is licensed under a Creative Commons Attribution 4.0 International License.