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Italy obtained "flexible" conditions for increasing defense spending – Meloni

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Italian Prime Minister Giorgia Meloni stated that her country can achieve new NATO goals thanks to a flexible approach.

This is reported by UNN with reference to Guardian.

Details

Italian Prime Minister Giorgia Meloni stated that the new NATO goals are accessible for Italy, as they provide countries with "full flexibility" regarding how to achieve them.

- writes Guardian.

Reuters reported that the politician also insisted that no euro would be redirected from other budgetary priorities to finance the planned increase in defense spending.

Additionally

According to Reuters, 5 days ago, Italy, which is being forced to increase defense spending, criticized "stupid" EU rules.

Minister of Economy and Finance Giancarlo Giorgetti stated that according to the Commission's scheme, member states not subject to the EU's excessive deficit procedure will be able to use additional freedom of action on defense without violating budget rules, even if their deficit exceeds the limit of 3% of GDP.

Currently, Italy spends about 1.5% of GDP on defense, which is significantly lower than the new alliance goals. However, thanks to the "flexibility" obtained, the country plans to gradually increase this figure without reducing other budget items.

Analysts note that this approach will allow Italy to avoid sharp economic shocks, but may provoke criticism from other NATO members who have already significantly increased their defense budgets.  

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