The European Commission has given approval to Italy’s modified Recovery and Resilience Plan, including the chapter dedicated to REPowerEU. The plan now amounts to 194.4 billion euros (122.6 billion in grants and 71.8 billion in loans) and includes 66 reforms, seven more than the original plan, and 150 investments. The Prime Minister, Giorgia Meloni, during the meeting held today at Palazzo Chigi with the employers’ associations, assumed responsibility for the government’s work in the Pnrr: “Today we have confirmation that we have done work of which the government can be very proud. We did what we promised we would do, we went to the concrete, we checked the critical problems and overcame them, we made sure that all the Pnrr money was spent on time and therefore we focused resources on the growth and modernization of the nation and it seems to me that the result , on which few bet, says it was not a wrong choice.”
“I also thank – said Meloni – the European Commission, which was certainly strict in some aspects, but very open to the possibility that these resources were spent in the best way. Therefore, we can be happy that in addition to working on the maneuver focused on giving more resources to workers and families, at the same time we were working on a review of the Pnrr that focused its resources above all on the competitiveness of our system and our businesses.” In total, this is equivalent to more than 21 billion: in fact, a second maneuver entirely oriented towards growth.
Source: IL Tempo
Emma Fitzgerald is an accomplished political journalist and author at The Nation View. With a background in political science and international relations, she has a deep understanding of the political landscape and the forces that shape it.