European Central Bank "worried" about the slowness with which countries proceed with the Recovery Fund.
The latest minutes, relating to the January meeting, reveal all the fears of the ECB about the implementation of the plan.
"Although European leaders have decided to provide the largest support package ever financed by the EU budget", namely the Recovery Fund, "progress in implementation is slow and challenging", says Frankfurt, stressing that the Next Generation Eu it must become operational "without delay".
Therefore, the ECB urges member states to "speed up the ratification process and promptly finalize recovery and resilience plans".
But not only.
A path is also drawn from the upper floors of Frankfurt on how to spend this mountain of money.
"Recovery funds must be used for productive public spending and accompanied by structural policies in favor of productivity" because all this would allow the Next Generation Eu program to contribute to a faster, stronger and more homogeneous recovery and would increase economic resilience. and the growth potential of countries ", is specified in the minutes.
The new prime minister Mario Draghi, who for eight years as president of the same ECB has beaten countries to make reforms, called the technicians to complete the work started by the Conte government on Recovery, under the sole direction of the Ministry of Economy and Finances.
And the goal, as Frankfurt urges, is precisely to hurry up, so collect the new opinion of Parliament, have a new text by mid-March and resume informal negotiations with the EU to deliver the official plan in April.
The vice president of the Commission, Valdis Dombrovskis, announced that there have already been "intense and constructive exchanges with the Italian authorities" on the plan but "we still need to work", however Dombrovskis said he was "absolutely convinced that the new government will succeed in brilliant way to complete the measures ".