SITUATION REPORT

Italy: Rome To Move Billions of Euros in Aid From Automotive to Defense

Oct 29, 2024 | 15:44 GMT

The Italian government is planning to cut about 4.6 billion euros ($5 billion) originally earmarked to help shore up the automotive sector's supply chains in their transition to electric mobility while simultaneously increasing financial support to the defense sector, Il Sole 24 Ore reported on Oct. 28, citing budget documents. ...

Subscribe to view this article

Subscribe Now

Subscribe

Already have an account?