- Europe, like you've never read before -
Wednesday, 21 May 2025
No Result
View All Result
  • it ITA
  • en ENG
Eunews
  • Politics
  • World
  • Business
  • News
  • Defence
  • Net & Tech
  • Agrifood
  • Other sections
    • Culture
    • Diritti
    • Energy
    • Green Economy
    • Finance & Insurance
    • Industry & Markets
    • Media
    • Mobility & Logistics
    • Sports
  • Newsletter
  • European 2024
    Eunews
    • Politics
    • World
    • Business
    • News
    • Defence
    • Net & Tech
    • Agrifood
    • Other sections
      • Culture
      • Diritti
      • Energy
      • Green Economy
      • Finance & Insurance
      • Industry & Markets
      • Media
      • Mobility & Logistics
      • Sports
    No Result
    View All Result
    Eunews
    No Result
    View All Result

    Home » Business » Italy’s public debt not a concern, but Rome is still considering guarantees for defense

    Italy’s public debt not a concern, but Rome is still considering guarantees for defense

    EU sources admit sustainability of Italian accounts does not raise concerns. Giorgetti in Brussels to push for security spending

    Emanuele Bonini</a> <a class="social twitter" href="https://twitter.com/emanuelebonini" target="_blank">emanuelebonini</a> by Emanuele Bonini emanuelebonini
    7 March 2025
    in Business, In the spotlight

    Brussels – Public accounts are not exactly the best — Italy’s public debt is second only to that of Greece –but the situation is not a cause for concern. At least, that’s what insiders and observers say. Of course, European sources point out that “the precise reason we have rules is because we are concerned about the debt sustainability of member countries.” However, they point out, currently, “if we look at the performance of the bond markets, we don’t seem to see particular concern about the sustainability of Italian debt.”

    It acknowledges a situation that certainly offers guarantees about Italy’s reliability and, at the same time, allows the Minister of the Economy, Giancarlo Giorgetti, to conduct a trip to Brussels without any particular qualms at next week’s Eurogroup and Ecofin meetings (March 10 and 11, respectively).

    There is more to it in these considerations being made in Brussels. There is a defense plan aimed at rearming Europe that will allow member states to open the taps on public spending, including high-debt countries like Italy. The plan somewhat convinces Prime Minister Giorgia Meloni, who nonetheless looks at the health of public finances. She says she favors increased defense spending in principle — as it is a NATO objective before an EU one — but she would like to avoid further aggravating the fiscal situation.

    For this reason, the Premier already said at the end of the extraordinary summit of EU heads of state and government that Giorgetti will propose to his European counterparts to “imagine European guarantee instruments for private investment along the InvestEu model.” Not loans but grants, then. It will be hard to sell the idea to partners, particularly those in Northern Europe, who are cautious about resorting to forms of debt mutualization too quickly.

    English version by the Translation Service of Withub
    Tags: debteurozonegiancarlo giorgettigiorgia melonipublic accounts

    Related Posts

    Il commissario per l'Economia, Valdis Dombrovskis [Bruxelles, 18 febbraio 2025. Foto: European Council]
    Business

    Defence, Dombrovskis: “If there will be a suspension of stability pact, it will be for more than one year”

    18 February 2025
    Il ministro dell'Economia, Giancarlo Giorgetti, torna a Roma con i compiti per il governo impartiti dall'Ue [Bruxelles, 21 gennaio 2025. Foto: European Council]
    Business

    EU dictates agenda to Italy: Deficit correction by 2026 and reforms by 2028

    21 January 2025
    FIERA DEL LEVANTE  STEAND   ESERCITO ITALIANO  VISITA ISTITUZIONALE DEL GENERALE DI CORPO ARMATA GAETANO ZAUNER  CANE  ROBOT   QUGV DELL' ESERCITO  ITALIANO
    Politics

    Budget rules and structural defense spending: the EU dilemma

    16 January 2025
    map visualization
    Flourish logoA Flourish map
    Alexander Dobrindt

    Political violence erupts in Germany

    by Francesco Bortoletto bortoletto_f
    20 May 2025

    Statistics published by the Berlin government show a substantial increase in politically motivated crimes in 2024, especially in the area...

    EU revises enterprise categories, SMEunited fears repercussions for SMEs

    by Marco La Rocca
    20 May 2025

    Pending adoption of the Omnibus package on small midcaps, SMEunited warns the EU Commission: protect micro and small companies and...

    (Foto: Eurostat)

    Demographic crisis: Aging EU population relies on immigration, with Italy leading the decline

    by Marco La Rocca
    20 May 2025

    According to Eurostat, migrants are the only factors slowing the EU's demographic decline. Italy sees a slump in births and...

    Kaja Kallas

    Ukraine: EU approves 17th sanctions package against Russia

    by Francesco Bortoletto bortoletto_f
    20 May 2025

    The new restrictive measures the 27 member states approved mainly target Moscow's shadow fleet. Brussels is already thinking of an...

    • Director’s Point of View
    • Letters to the Editor
    • Opinions
    • About us
    • Contacts
    • Privacy Policy
    • Cookie policy

    Eunews is a registered newspaper
    Press Register of the Court of Turin n° 27


     

    Copyright © 2025 - WITHUB S.p.a., Via Rubens 19 - 20148 Milan
    VAT number: 10067080969 - ROC registration number n.30628
    Fully paid-up share capital 50.000,00€

     

    No Result
    View All Result
    • it ITA
    • en ENG
    • Newsletter
    • Politics
    • World politics
    • Business
    • General News
    • Defence & Security
    • Net & Tech
    • Agrifood
    • Altre sezioni
      • European Agenda
      • Culture
      • Diritti
      • Energy
      • Green Economy
      • Gallery
      • Finance & Insurance
      • Industry & Markets
      • Letters to the Editor
      • Media
      • Mobility & Logistics
      • News
      • Opinions
      • Sports
    • Director's Point of View
    • L’Europa come non l’avete mai ascoltata
    • Draghi Report
    • Eventi
    • Eunews Newsletter

    No Result
    View All Result
    • it ITA
    • en ENG
    • Newsletter
    • Politics
    • World politics
    • Business
    • General News
    • Defence & Security
    • Net & Tech
    • Agrifood
    • Altre sezioni
      • European Agenda
      • Culture
      • Diritti
      • Energy
      • Green Economy
      • Gallery
      • Finance & Insurance
      • Industry & Markets
      • Letters to the Editor
      • Media
      • Mobility & Logistics
      • News
      • Opinions
      • Sports
    • Director's Point of View
    • L’Europa come non l’avete mai ascoltata
    • Draghi Report
    • Eventi
    • Eunews Newsletter

    Attention