What Happened
New Balance Of Power Emerges As Germany Invests Heavily In Defence
The defence investment trajectories of France and Germany are converging, with Germany’s budget projected to surpass France’s by 2030. This shift is expected to impact the industrial balance in their bilateral cooperation. The European Union is playing a significant role in facilitating defence cooperation between the two countries, with various programmes and initiatives aimed at promoting European defence autonomy. According to the Institut Jacques Delors, the EU’s influence in the European defence market is set to grow, with France and Germany both supporting the development of a European defence policy, as reported by the Institut Jacques Delors.