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Friday, September 10, 2010

Italy Eyes Defense Cuts

Eurofighter TyphoonItaly is not immune to the defense cuts that are spreading across Europe. While the government has yet to present a plan for reducing military spending, Defense Minister Ignazio La Russa has revealed highlights of the reductions he will announce by the end of October.

The finance minister plans to impose across-the-board cuts of 10% to the budget of every ministry. This will meet the government’s goal of reducing spending by €29 billion ($36.8 billion) from 2011-13.

La Russa deflected measures that would have affected military pay, but had to accept reductions that have not been welcomed by service personnel. These include such expenses as trips abroad for training and meetings.

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