Money Woes Leave Italy Scrambling For Funds
The 2010 defense budget is €20.3 billion ($29.5 billion), only 0.3% over 2009. Excluding money for the Carabinieri police, pensions and administrative expenses, the true budget is €14.3 billion—0.4 % less than 2009. Line items tell a mixed tale. R&D and procurement money is increasing to €3.17...
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