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flag France launches a 450M euro defense fund to boost military spending amid security concerns.

flag France plans to launch a 450 million euro defense fund managed by Bpifrance, the country's public investment bank, to boost military spending amid concerns over Russian threats and uncertainty about US protection. flag Finance Minister Eric Lombard announced the fund, which aims to raise over 5 billion euros for French defense companies over the next few years. flag French citizens can invest in the fund in 500 euro increments. flag The move comes as France seeks to increase defense spending to between 3% and 3.5% of its economic output, up from the current 2%.

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