Tuesday, June 14, 2022

French President Macron Says France Is Now On A "War Economy" Footing

French President Emmanuel Macron sits in the pilot's seat of an Airbus H160M Guepard helicopter at a security fair near Paris on June 13, 2022. © Ludovic Marin, AFP  

France 24: Macron calls for French budget defence boost in 'war economy' 

French President Emmanuel Macron on Monday called for a boost to defence budgets following Russia's invasion of Ukraine, saying France was now on a "war economy" footing. 

Speaking at Eurosatory, a weapons industry fair, Macron said Europe needed "a much larger defence industry" to avoid relying on suppliers elsewhere for its equipment needs. 

Since Russia's invasion of Ukraine in February, France "has entered into a war economy in which I believe we will find ourselves for a long time".  

Read more ....  

Update #1: Macron petitions Europe to support its own defense industry amid new ‘war economy’ (Defense News)  

Update #2: Macron Seeks Bigger Military Budget in ‘War Economy’ (Defense Post)  

WNU Editor: I know the Russian and Ukraine economy are (obviously) on a war economy footing. But this is the first time that I am hearing a Western leader state openly that his country is now on a "war economy" footing.

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