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Italy scales back defence spending hike in new budget plan

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Italy will issue new multi-year economic forecasts on Friday, hiking this year's growth estimate and, in a last-minute decision, scaling back previous plans to raise defence spending in order to keep a lid on the massive public debt, sources said.

Read the original report at Reuters.

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Reuters

Source headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-10-02. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.

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