Italy is moving away from the NATO target, this year it cuts the military budget

Informal meeting of leaders of NATO allies from the region/Photo: "Sloboden Pechat", Dragan Mitreski

Italian Defense Minister Guido Crosetto said today that the country's military budget will be cut again this year, pushing Italy away from a NATO target of all member states spending at least two percent of GDP on defense by 2028.

"Defense spending fell from 1,59 percent of GDP in 2020 to 1,46 percent in 2023 and is likely to decline again this year," Crozetto told Parliament.

He added that it is not news that makes him happy.

At a 2014 summit, NATO leaders agreed to raise defense spending to at least two percent of GDP within a decade, but former Italian Prime Minister Mario Draghi pushed back that goal by four years.

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