Dutch International Group economist Charlotte de Montpellier said in a report that new capital in the European defense sector will take some time to add some vitality to the French economy. French President Emmanuel Macron called on Europe to increase investment in its military, and the EU proposed a fund of about 150 billion euros for this purpose. This could provide the necessary stimulus to France's underperforming manufacturing industry. At the beginning of this year, the French manufacturing industry unexpectedly experienced a decline in output. However, De Montpellier warned that this additional funding might not have much impact this year. “France's economic situation is still very bad.”

Zhitongcaijing · 03/05/2025 12:17
Dutch International Group economist Charlotte de Montpellier said in a report that new capital in the European defense sector will take some time to add some vitality to the French economy. French President Emmanuel Macron called on Europe to increase investment in its military, and the EU proposed a fund of about 150 billion euros for this purpose. This could provide the necessary stimulus to France's underperforming manufacturing industry. At the beginning of this year, the French manufacturing industry unexpectedly experienced a decline in output. However, De Montpellier warned that this additional funding might not have much impact this year. “France's economic situation is still very bad.”