Italy Gets EU Green Light for Defense and Energy | Europe News

Italy’s getting a green light from the EU to spend more on energy and defense without hurting its deficit — a move that could reshape its economic and military future. Finance Minister Giancarlo Giorgetti is pushing for an extra 0.6% of GDP on green energy and 0.9% on defense, both at the limit of new EU allowances. The defense boost aims to help Italy hit NATO’s 2% GDP target and modernize its military, while green spending seeks to slash fossil fuel dependence. But the plan’s stirring political tension, with coalition partners like the League resisting and a rising right-wing party adding pressure. The EU’s loosening rules are designed to jumpstart clean energy investments — Italy’s now poised to act, though specifics on green projects remain vague. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3296850551defed2