Analysis-Italy defence drive could derail debt, hit ratings

Struggling to meet NATO goal, Italy mulls stretching defence budget

ROME - Italy is considering including police and coastguard services in its defence budget so it can point to a quick increase in security spending as its struggles to meet U.S.-led NATO targets, two government sources said. Read more at straitstimes.com.

Analysis-Italy defence drive could derail debt, hit ratings

By Sara Rossi and Valentina Consiglio

Italy is considering including police and coastguard services in its defense budget to respond to rising security spending and meet NATO targets of increasing GDP spending on security, two Italian government sources said on condition of anonymity.

Analysis-Italy defence drive could derail debt, hit ratings - Regional Media News

By Sara Rossi and Valentina Consiglio MILAN (Reuters) – Italy’s pledges to increase defence spending to help Ukraine could scupper government efforts to rein in the mammoth public debt, analysts say, posing a threat to the creditworthiness of the euro zone’s third-largest economy. A European Union drive to hike military expenditure, in response to the Trump administration’s moves towards a rapprochement with Russia and warnings that European sec…