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European recovery plan: Italy still struggles to invest

2024-02-25T17:52:20.980Z

Highlights: European recovery plan: Italy still struggles to invest. Italy has already received four tranches of funds and has been praised by Ursula von der Leyen, the president of the European Commission. “It is impossible to clearly understand how the recovery plan was modified and where we are in the progress of the work,” explains Luca Dal Poggetto, who closely follows the plan. And while the government has just delivered to Parliament overall data on spending in… This article is reserved for subscribers. You have 83% left to discover.


ANALYSIS - The administration does not seem competent to spend so much money on projects under such tight deadlines.


Rome

This had to be Italy's priority: the recovery plan, financed by the Union, of 194.4 billion euros in loans and subsidies, was to increase its growth potential.

Under the presidency of Giorgia Meloni, Rome modified it, with the agreement of the EU.

Italy has already received four tranches of funds and has been praised by Ursula von der Leyen, the president of the European Commission, for being the first country in terms of the number of objectives achieved, technical criteria based on the responses given by the States themselves.

Investments are struggling to take shape

However, behind this satisfaction, a certain vagueness remains:

“It is impossible to clearly understand how the recovery plan was modified and where we are in the progress of the work,”

explains Luca Dal Poggetto, who closely follows the plan. for Openpolis, a civic observatory set up precisely to analyze and investigate the plan.

And while the government has just delivered to Parliament overall data on spending in…

This article is reserved for subscribers.

You have 83% left to discover.

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Source: lefigaro

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