EU, Giorgetti: "On defense, Italy will do its part, but we need to define what is necessary."

Brussels, March 11 (LaPresse) – "Italy will do its part on defense as well, but we need to define what is necessary." This was stated by Italy's Minister of Economy, Giancarlo Giorgetti, according to sources from the Ministry of Economy, during the breakfast session of the Ecofin this morning. "We need to distinguish," he added, "between immediate needs related to the war in Ukraine and the long-term EU security strategy." According to the minister, "We need to carry out an in-depth review of the strategy, followed by an implementation plan. We must consider the possibility of converting existing industries while simultaneously developing new capacities and technological capabilities." "Only then," he concluded, "will the financing needs be clearly defined. Italy will do its part, but first, we need to define what is necessary."