Italian Finance Minister Giancarlo Georgetti in his speech in the House of Rome, stressed that “Europe’s equipment should not be carried out at the expense of the health and services offered to the citizen”. “Italy has positively welcomed the European Commission’s proposal to activate the stability and development agreement clause in terms of defense spending,” the Italian finance ministry chief added. At the same time, George emphasized that this flexibility should not endanger the viability of the public economy and would not cause public debt increase, because “it would be a development that would put countries with high public debt in a weak position, would increase their financial debt.” “For this reason, Italy has been processing a proposal aimed at covering the disputes observed in Europe in the field of defense investment and defense. […]
Source: News Beast
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