Brussels, March 11, 2025 – The Europe Today: Italy’s Economy Minister Giancarlo Giorgetti is set to present a bold proposal at the Ecofin meeting in Brussels on Monday, aimed at mobilizing private investments in strategic sectors such as defense, security, and protection without increasing public debt.
The initiative, dubbed the “European Initiative for Security and Industrial Innovation”, seeks to strengthen the role of Member States within InvestEU by enhancing the effectiveness of EU guarantees to better attract private capital. According to sources from the Ministry of Economy and Finance, the plan is expected to mobilize approximately 200 billion euros in private investments over the next 3 to 5 years through a public guarantee of 16.7 billion euros.
The proposal aims to provide a financial framework that ensures robust investment in Europe’s strategic industries while maintaining fiscal responsibility. By leveraging EU guarantees, the plan is expected to significantly boost private sector involvement in crucial areas, thereby bolstering Europe’s industrial and security capabilities.
Minister Giorgetti is confident that the initiative will garner support from EU colleagues, as it aligns with broader efforts to enhance economic resilience and strategic autonomy across the continent.