Defense and military spending: Giorgetti wants to reach 2% of GDP without activating the clause

Defense and military spending: Giorgetti wants to reach 2% of GDP without activating the clause

Economy Minister Giancarlo Giorgetti said in Warsaw, on the sidelines of the informal Ecofin, that Italy intends to reach the 2% GDP defense spending target “without activating the national safeguard clause” provided for by the new European Stability Pact. This clause, designed to support countries that need to increase defense investments […]