Italian military expenditure close to €25 billion in 2021, +8.1% compared to 2020

Italian military spending will amount to just under 25 billion euros in 2021, according to estimates released by the Mil€x Observatory. These estimates were made according to the new methodology developed by the Observatory and derived from the final data from the financial forecasts of the ministries involved, which shows an annual growth of over …

Italian military expenditures growing strongly: over €26 billion on an annual basis

The increase is 6.4% with a raise of more than 1.5 billion euros compared to 2019. Methodological note This sheet elaborated by the Mil€x Observatory on Italian military expenditure aims to provide the most precise and in-depth assessment possible of the Italian State’s military investments in 2020 with the documentation currently available. A methodological premise …

Not just Afghanistan: what military missions abroad cost to Italian people

Expeditions to Kabul and Iraq burned 10 billion € from the italian budget. Imagine if Italy had not participated in the missions in Afghanistan and Iraq. On balance Italy would have saved exactly the money needed this year to finance the Income of Citizenship and Quota 100. According to the analysis carried out by Milex, …

Why Majority of NATO Members in No Rush to Meet 2% GDP Mark

Articolo pubblicato su Sputnik News.com il 10 giugno 2017   This year Italy will once again ramp up its military outlays to meet NATO’s requirement agreed upon in 2006 that members spend at least two percent of their GDP on defense. In an interview with Sputnik, Enrico Piovesana, a defense expert and the co-founder of the Observatory …