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France to pour $45bn into nukes as part of defense spending hike

February 9th, 2018
Categories: Past News

Link: https://www.rt.com/news/418331-france-boosts-defense-spending/

France wants to boost its military spending by over 40 percent by 2025, giving its nuclear arsenal a multibillion-dollar shot in the arm. France is currently the world’s third-biggest nuclear power.

According to a bill unveiled on Wednesday, the current French defense budget of €34.2 billion ($42 billion) will rise to €50 billion ($61 billion) in 2025, or 2 percent of the nation’s GDP.

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