|
Rome will need to enhance defense spending. Among the European Commission's observations on Italy's accounts, this recommendation is the most prominent. The document also verifies that, although Italy has been under excessive deficit procedures for a year, it is on track to meet its targets and will not need to adopt further measures. "The European Union recommends that Italy take action in 2025 and 2026 to strengthen defense and preparedness spending, in accordance with the conclusions of the European Council of 6 March", writes Brussels. The document states that "according to the 2025 spring forecast, defense spending is expected to be 1.3% of GDP in both 2024 and 2025, a decrease of 0.1 percentage points compared to 2021". Other recommendations include accelerating the NRRP's implementation, increasing the fight against tax evasion, reducing the tax wedge, reviewing cadastral values, improving employment quality by reducing precariousness, encouraging innovation, which is still lacking, and increasing public administration efficiency. Immigration is also under discussion, which should be encouraged because it has the potential to "compensate for demographic decline".
|