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Italian Prime Minister Giorgia Meloni says new NATO defence spending targets are achievable for Italy, thanks to their flexible structure, and insists no other budget priorities will be sacrificed.
Prime Minister Giorgia Meloni on Wednesday said Italy can afford to meet NATO’s newly agreed defence spending targets, describing the commitments as flexible and sustainable.
Speaking to reporters after a NATO summit in the Netherlands, Meloni stressed that “not a single euro” would be diverted from existing budget plans to fund the military increases.
NATO leaders endorsed a plan to raise total defence and security spending to 5% of GDP by 2035, up from the long-standing 2% target. Of this, 3.5% is designated for core defence spending such as troops and equipment, while 1.5% is to cover wider security needs, including cyber defence and infrastructure adaptation.
Meloni said the new framework “gives total flexibility” and would not impose mandatory yearly spending increases. However, she did not specify how Italy, which has one of the highest public debts in Europe, would fund the long-term commitment.
A recent survey by the European Council of Foreign Relations found only 17% of Italians support increased defence spending — the lowest among the 12 European countries polled.
Meloni also noted that her government has no current plans to activate a special EU clause that allows budget rule exceptions for defence spending. “For 2026, we do not think we need to use the clause,” she said, adding that any future decisions would depend on economic conditions.
On trade, the prime minister voiced optimism that the European Union and the United States could reach a deal on reciprocal 10% tariffs, calling the proposed rate “not particularly impactful” for Italian businesses.
The United States carried out a third consecutive night of airstrikes against Iran, targeting military capabilities around the Strait of Hormuz as Donald Trump announced the reinstatement of a blockade on Iranian shipping and proposed a 20% fee on cargo passing through the strategic waterway.
U.S. President Donald Trump announced the reimposition of a U.S. naval blockade on all Iranian ports and warned that power plants and bridges could be targeted next week unless Tehran returns to negotiations.
The United States and Iran have significantly escalated their conflict, exchanging heavy missile and drone strikes across the Gulf region. Iran claims it has once again closed the Strait of Hormuz, a vital global shipping route.
The death toll from the fire at a live music pub in Bangkok has climbed to 32 after two more victims died from their injuries, according to Thailand's Police Hospital.
Ukraine and Russia exchanged fresh attacks on Tuesday, with Kyiv targeting shipping and energy infrastructure inside Russia while Moscow launched another large-scale missile and drone assault on Ukrainian cities.
Ten EU countries, led by Italy and Poland, have urged the European Union to reconsider a new carbon price on fuel as part of a wider overhaul of the bloc's carbon market, according to a joint statement seen by Reuters.
The European Union (EU) has announced an additional €20 million ($22.8 million) in humanitarian assistance for Venezuela after last month's deadly earthquakes, which killed more than 4,700 people.
U.S. President Donald Trump announced the reimposition of a U.S. naval blockade on all Iranian ports and warned that power plants and bridges could be targeted next week unless Tehran returns to negotiations.
India's investigation into last year's Air India crash that killed 260 people has entered its final stages, with investigators completing a transcript of the cockpit voice recorder and carrying out a psychological autopsy as they work towards a final report.
The Ebola epidemic in the Democratic Republic of the Congo (DRC) is spreading faster than efforts to contain it, global humanitarian organisation Médecins Sans Frontières (MSF) has warned, calling for an urgent expansion of containment and care measures.
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