Debt alert for Italy if NATO rearmament race is on - Moody's - Business.com. Moody's: Race to rearm is triggered by Russian threats in the Ukraine war with Italy and Spain particularly exposed.
Russia President Vladimir Putin on Thursday threatened to strike NATO bases if F-16s used in Ukraine fly from them.NATO has long denied Kyiv's demand for the fighters but is now expected to grant the request some time soon. ALL RIGHTS RESERVED © Copyright ANSA.