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Italy

Italy’s Automotive Industry Turns to Defence as Car Production Collapses

Facing a historic decline in car production, Italian automotive suppliers are increasingly entering the defence sector. With defence spending set to more than double by 2027, Italy is exploring industrial reconversion as a national strategy for growth and security.

Italy

Italy Eyes €12 Billion Boost to Defense Spending Using EU Flexibility Clause

Italy may invoke the EU’s new defense flexibility clause to unlock €12 billion in spending, part of its effort to reach NATO’s 5% target without breaching deficit rules.