French President Emmanuel Macron has announced a significant boost to France’s defense budget, citing Russia as the primary threat to national and European security. Speaking ahead of Bastille Day, Macron warned that freedom hasn’t faced such a dire threat since 1945.

Macron called for a 3.5 billion-euro hike in defense spending next year and for another 3 billion-euro boost in 2027.

French President Emmanuel Macron on Sunday announced 6.5 billion euros ($7.6 billion) in extra military spending in the next two years because of new and unprecedented threats, ranging from Russia to nuclear proliferation,