(Finance) – The Commission has announced that it has approved the request for revision of the National Recovery and Resilience Plan of Italy. The request dates back to 4 March 2024. “The proposed changes are based on the technique and suite of characters for the complete revision of the Italian plan, adopted by the Council on 8 December 2023”, specifies the Commission.
The Italian Plan is valid 194.4 billion euros, of which 71.8 billion euros in subsidies and 122.6 billion euros in loans. Contains a total of 620 stages and objects, 66 reforms and 150 investments.
The Commission announced that it had paid more than 50% of the allocated funds to Italy (more than 102 billion euros), including pre-financing.