At the end of July 2022, the Italian Ministry of Defence presented to the Parliament the yearly Documento Programmatico Pluriennale (DPP), a policy paper outlining both the provisional and final defence budget for the 2022 fiscal year and the 2022-2024 triennia. The document offers insight into the activities involving the Ministry of Defence, as it defines the political priorities that the Ministry’s technical and administrative apparel must implement through the management of the allocated financial resources.
Estonia will reach a historical record in terms of defence spending next year. In 2022, a total of €748 million will be allocated to NATO-related expenditures, routine defence expenses, plus the acquisition and development of new capabilities. The budget will represent 2.31% of the forecasted GDP for the Baltic republic.
Following years of financial instability, the Italian Armed Forces now lack competitiveness and preparedness on the technological aspect. According to the think tank Centro Studi Internationali (CeSI), this struggle has been mostly due to funds for procurement given to fulfil modernization in navy and air forces but not for the Army.
In the wake of the European Council's discussion on the 26th of February regarding the future of EU security and defence, a decisive juncture to assess the stature of EU defence cooperation lies ahead. The EU pledges to deliver a collective answer to a fast-changing strategic environment and maintain momentum on its defence initiatives. Among its initiatives, the European Defence Fund (EDF) aims to boost joint research and innovation in defence and stimulate Member States industrial bases to develop common military capabilities. The EDF has officially come into effect with the new Multi-Annual Financial Framework (MFF) 2021-2027, empowered with a total budget of € 8 billion; thus, it is time to demonstrate its potential.
The European Deterrence Initiative (EDI), announced by the United States (U.S.) in 2014, reflects changes in the international security environment. It aims to help Eastern European allies deter Russia from further incursion into Europe following its annexation —in violation of international law— of Crimea from Ukraine and its continued military activity in the region.