(Finance) – “In my opinion, we are not able to complete all the projects we have put in place within the deadlines set by the Pnrr. It is a serious fact, I take full responsibility for these declarations. It is useless for us to hide, the reality Unfortunately, in my opinion, this is it.” That’s what he said Roberto Rustichelli, president of the competition and market authority to General States of the Restart underway in Bologna.
“In the international macroeconomic scenario, the structural weaknesses of the Italian economy lead us to launch new challenges. We are in a moment – he explained Rusticilli – in which we experience less growth and more inflation, amidst internal and international challenges. Innovation, investment, development and social cohesion are key words in the discussion on the growth and competitiveness of the country system. We must aim for an increasingly competitive economy, entrepreneurial dynamism: things that are a pillar for the promotion of democratic principles, guaranteeing diversity, equal access to opportunities and freedom of choice. Italy, in this context, can seize various opportunities such as the diversification of energy sources, the green transition, the reorganization of production chains. Competition, therefore, is the essential condition for the market to generate wealth but also the condition for contributing to the well-being of consumers”.
However, he showed himself confident in achieving the objectives of the Pnrr the Minister for European Affairs, the South, Cohesion Policies and the Pnrr, Raffaele Fitto. “We are working, and in the next few days – said Fitto during a press conference at Palazzo Chigi after the EU gave the green light to the changes to the Plan – we will define the final aspects with the EU, to reach the definition of the fourth installment payment by December 31st of this year and we are already setting ourselves the objective of being able to achieve the objectives as modified by the revision of the fifth installment by December 31st of this year, another very ambitious objective that we aim to define within the month in December. In comparison with other national plans, although our Pnrr is the largest, our country is the only one that has requested payment of the fourth installment and if everything goes as we expect it will receive payment by the end of the year. Pnrr – he recalled – has three sources of financing: 68 billion in non-repayable funds, 122 billion in debt and the complementary fund of 30 billion. It is a plan for over 150 billion in debt” and the changes depend “not only on the necessity for the changed scenario but also from the strategic objective of implementing growth, because only with growth are the conditions created to recover from debt”.