Normal view

Italy to spend billions more on energy and defense, finance minister says

5 August 2026 at 12:04

Italy will use extra leeway from the EU to spend billions of euros on energy and defense, Finance Minister Giancarlo Giorgetti told members of the country’s parliament on Wednesday.

Rome is set to boost its expenditure on green energy and defense over the coming three years, said Giorgetti following a relaxation of rules from Brussels, which allows the additional spending to be exempted from the EU’s strict spending targets and waived from Rome’s deficit figures.

Italy is poised to issue a formal request to the European Commission — laying out the investments it intends to undertake with the extra flexibility — by a mid-August deadline.

Giorgetti said Italy will request to spend an additional 0.6 percent of gross domestic product on green energy investments and 0.9 percent on defense — the full amount that is envisaged under the new fiscal guidelines.

The additional defense spending will “include both new multi-year investment programs and proposals to reallocate resources already provided for under current legislation,” Giorgetti told MPs. Italy’s parliament is expected to approve Giorgetti’s request to the Commission on Wednesday.

The extra flexibility is aimed at reducing dependence on fossil fuels and moving toward NATO’s target to spend 5 percent of GDP on defense. With 2 percent of GDP allocated to defense in 2025, Italy is among the alliance’s spending laggards.

However, the decision to raise military spending is set to inflame political tensions within the country ahead of a crucial election year that will see incumbent Prime Minister Giorgia Meloni seek a second mandate.

The governing coalition is split on the issue, and the right-wing League party — from which Giorgetti himself hails — has repeatedly campaigned against spending more money to counter the Russian threat.

In a further constraint, the government is under heavy pressure from the right-wing, Russia-friendly National Future party led by former Gen. Roberto Vannacci, which is eating into support for the other governing parties, according to the polls.  

More leeway

In June, the Commission gave EU countries suffering from the ongoing energy crisis more fiscal breathing room by exempting some green investments from public spending rules.

The goal was to allow heavily indebted governments to mobilize resources for green expenditure, including subsidies for electric vehicles, geothermal and solar energy to reduce dependence on fossil fuels. Italy lobbied the EU to offer this concession after the war in the Middle East fueled a surge in oil prices.

However, Giorgetti failed to lay out which green investments will be included in Italy’s request to the Commission.

In another gaping omission, he did not reveal whether Italy will tap into the EU’s cheap loans for defense — another divisive issue within the government coalition.

Rome had initially earmarked €15 billion under the Security Action for Europe (SAFE) program, prompting defense companies to factor in those investments.

Italian Foreign Minister Antonio Tajani recently suggested that Rome will use the SAFE money, but said the exact amount will be decided later in the year.

Jacopo Barigazzi contributed to this report.

Wildfires come for the suburbs

4 August 2026 at 23:00
Water sprays from a broken pipe at a burned home.
Water sprays from a broken pipe at a burned home in Spokane, Washington, on August 4. | Josh Edelson/AFP via Getty Images

This story appeared in Today, Explained, a daily newsletter that helps you understand the most compelling news and stories of the day. Subscribe here.

The Spokane, Washington wildfires have destroyed at least 700 buildings and forced 65,000 people from their homes — and with high winds forecast for later this week, the crisis probably isn’t over. 

As of Tuesday afternoon, three separate blazes were still burning uncontained to the north and west of the city center, according to a data clearinghouse managed by the US Forest Service. And heavy smoke from the blazes continued to spill across Washington, Idaho, and Oregon. 

Meanwhile, investigators appear to have made progress in determining the cause of the largest fire: On Tuesday, local sheriff’s deputies arrested a 37-year-old Arizona man on charges of first-degree arson. The vast majority of US wildfires are started by humans…but typically through carelessness or by accident.

Go a little deeper

I was struck by an observation that one longtime Spokane resident made to NPR this week: “Obviously, we’ve had wildfire seasons,” she said. But she “never, ever imagined” having to evacuate, because she lived so deep inside of the city. 

Living in a city is no protection from climate change, though. And the destruction caused by wildfires in cities and suburbs is very much on the rise. Consider the devastation caused by recent fires in Colorado (2021), Hawaii (2023), and Los Angeles (2025). 

Why are wildfires causing more damage in cities and suburbs? It’s not because they’re new. One recent study found urban wildfires have remained a fairly stable share of all US fires over the past generation. 

What has changed is the scale of their damage, thanks to factors like climate-driven increases in extreme fire weather and human incursion into forests and grasslands. As a country, we are increasingly building homes and other structures in the “wildland-urban interface” — a liminal zone where neighborhoods and nature overlap. 

While housing isn’t dense in these areas, the buildings that exist can serve as tinder that helps fires spread. And putting more people, roads, and power lines into these zones creates more opportunities for ignitions.

All this means that city-dwellers and suburbanites will likely face more wildfire risk in years to come. And for those of you in the Midwest or on the East Coast, like me, don’t assume that wildfires are someone else’s problem. “Every single state” with wildland-urban interfaces also holds the potential for fire disaster, one pyrogeographer told Vox in 2023. That includes communities like Spokane, sure — but also Florida, Minnesota, and Mississippi.

One link for later

➨ Go ahead, save that tiny glass jar! It’s apparently a bona fide pop culture craze. But don’t bother doing it for the environmental benefits: One policy professor (disappointingly!) tells Vox that consumer decisions like choosing glass over plastic “do not matter in a meaningful way.”

Before you go…

  • Did you know…that there’s a special branch of medical science devoted to the physiology of space travel? It’s appropriately called “space medicine.” (Alas, practitioners aren’t called Space Doctors.) 
  • Today’s trivia: How many US states have legalized marijuana? (You can find this and other brain puzzles in Vox’s daily crossword. Look for the answer in tomorrow’s edition.)
  • Yesterday’s trivia: Yesterday we asked you for the name of the Pennsylvania-based singer/songwriter who’s sometimes called the godmother of punk. That would be Joan Jett, who shares the contested honorific with (New Jersey-born) Patti Smith and (German-born) Nina Hagen. 

❌