The European Commission today paid the fourth installment of 16.5 billion euros to Italian Pnrr. The announcement comes directly from Palazzo Chigi: “The payment is the result of the achievement of all 28 goals and objectives linked to the fourth installment, identified by the European Union”. In the note published on the morning of Thursday, December 28, the executive underlines that “these aims and objectives relate to the measures necessary to continue the implementation of important reforms in the fields of justice and public administration, as well as in the social inclusion and social inclusion sectors.” public procurement”. “The main investments are linked to digitalization, in particular regarding the transfer of local public administration data to the cloud, the development of the space industry, green hydrogen, transport, research, education and social policies”, explains Palazzo Chigi in its note.
With this payment, Italy reached the 100 billion limit in the loan it received from Pnrr, but a payment request for the fifth installment of 10.5 billion is expected. As announced last week by Raffaele Fitto, Minister of European Affairs, Cohesion Policies and PNRR, Italy has already achieved the 52 targets set and is therefore awaiting the response from Brussels. “As announced by Prime Minister Giorgia Meloni – we read it again in the note – the payment of the fourth installment is due by 2023 and brings the total of the PNRR resources Italy has received so far to approximately 102 billion euros. More than half of the total resources of the plan. This is Italy’s projected “It shows the great progress it has made in implementing the measures.” “On the basis of the Plan recently amended by the EU Council – end of note – the Meloni Government will continue to work towards the full and timely implementation of Pnrr in the framework of continuous and close cooperation with the European Commission.” .
Source: Today IT
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
