💨 Abstract

Italy is set to meet NATO's 2% GDP defense spending target for the first time this year, according to Economy Minister Giancarlo Giorgetti. To achieve this, Italy plans to redefine its accounting criteria, including including civilian technology expenditures and military pensions in defense spending. The European Commission has proposed a four-year plan for member states to increase defense spending by 1.5%

Courtesy: theprint.in

Summarized by Einstein Beta 🤖