AGP Executive Report
Last update: an hour agoDefence Spending: Italy is seeking parliamentary approval for an extra €7.3 billion for its F-35 programme, raising its total cost by more than 50%. Banking: Prime Minister Giorgia Meloni says the government will assess whether to use its “golden powers” on a proposed Banco BPM–Credit Agricole Italia tie-up in the coming weeks. Red Sea Security: Defence Minister Guido Crosetto says EU countries have yet to make concrete commitments to strengthen the bloc’s naval mission protecting shipping, despite Italy’s calls for more support. Ukraine Talks: Italy joined European and NATO representatives in Abu Dhabi to coordinate with Ukraine and the US on peace efforts and security guarantees, as trilateral talks with Russia began. Cybersecurity: Meloni has blamed pro-Russian hackers for exposing Foreign Minister Antonio Tajani’s personal data; Italy has convened security officials to assess the threat. Energy Bills: The government approved measures to lower power costs for families and businesses, while the EU granted Italy fiscal flexibility for defence spending.
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