Italy Braces For Defense Cuts

Until last summer, it seemed that security and defense would be spared major cutbacks. The financial crisis in Europe, however, is forcing the Italian government to include these areas in austerity plans.

The defense ministry had requested €21.34 billion ($28.16 billion) for 2012, a 3.8% increase over 2011, and 1.3% of ...

◄ Share this news!

Bookmark and Share


The Manhattan Reporter

Recently Added

Recently Commented