{"id":420677,"date":"2025-03-07T14:30:21","date_gmt":"2025-03-07T13:30:21","guid":{"rendered":"https:\/\/www.eunews.it\/2025\/03\/07\/debito-italia-non-preoccupa-difesa\/"},"modified":"2025-03-10T11:05:14","modified_gmt":"2025-03-10T10:05:14","slug":"italys-public-debt-not-a-concern-but-rome-is-still-considering-guarantees-for-defense","status":"publish","type":"post","link":"https:\/\/www.eunews.it\/en\/2025\/03\/07\/italys-public-debt-not-a-concern-but-rome-is-still-considering-guarantees-for-defense\/","title":{"rendered":"Italy’s public debt not a concern, but Rome is still considering guarantees for defense"},"content":{"rendered":"

Brussels – Public accounts are\u00a0not exactly the best — Italy’s public debt is second\u00a0only to that of Greece –but\u00a0the situation is not a cause for concern. At least, that’s what insiders and observers say. Of course, European sources point out that\u00a0“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<\/strong>.”<\/p>\n

It acknowledges\u00a0a 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).<\/p>\n

There is more to it in these considerations being made in Brussels. There is a defense plan aimed at rearming Europe\u00a0that will\u00a0allow member states to open the taps on public spending<\/a>, including high-debt countries like Italy.\u00a0The 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 —\u00a0but she would like to avoid further aggravating the fiscal situation.<\/p>\n

For this reason,\u00a0the Premier already said\u00a0at the end of the extraordinary summit of EU heads of state and government<\/a> that Giorgetti will propose to his European counterparts to “imagine European guarantee instruments for private investment<\/strong>\u00a0along\u00a0the\u00a0InvestEu<\/a>\u00a0model.”\u00a0Not loans but grants, then. It will be hard to sell the idea to\u00a0partners, particularly those in Northern Europe, who are cautious about resorting to forms of debt mutualization too quickly.<\/p>\n","protected":false},"excerpt":{"rendered":"

EU sources admit sustainability of Italian accounts does not raise concerns. Giorgetti in Brussels to push for security spending<\/p>\n","protected":false},"author":494,"featured_media":252228,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","subtitle":""},"jnews_primary_category":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[25705,25727],"tags":[27336,25741,25828,25829,26064,25740],"class_list":["post-420677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-in-the-spotlight","tag-debt-en","tag-eurozone-en","tag-giancarlo-giorgetti-en","tag-giorgia-meloni-en","tag-accounts-public-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/420677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/users\/494"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=420677"}],"version-history":[{"count":4,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/420677\/revisions"}],"predecessor-version":[{"id":420748,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/420677\/revisions\/420748"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/252228"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=420677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=420677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=420677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}