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Time is running out to spend 20 billion EU funds

2023-02-21T15:31:26.800Z


Within the year, Italy will have to spend and certify to the European Commission the use of around 20 billion of European funds that could otherwise be lost. (HANDLE)


(ANSA) - BRUSSELS, FEBRUARY 21 - Within the year, Italy will have to spend and certify to the European Commission the use of about 20 billion of European funds that could otherwise be lost.

According to what has been learned, this is the updated residual amount of the funding assigned to our country under the 2014-2020 cohesion policy.


    Half of the figure is represented by resources from the React-Eu programme, one of the tools put in place within the NextGenerationEU.


    A close confrontation is underway between Rome and Brussels to identify the forms of flexibility that allow these resources to be used quickly.

(HANDLE).


Source: ansa

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