The Commission paid €551.2 million to Italy in the form of pre-financing linked to REPowerEU funds under the Pnrr.
He announced it in a note.
The pre-financing, recalls the community executive, will help accelerate the implementation of the main investment and reform measures described in each chapter of RepwerEu.
It will accelerate the achievement of the RepowerEu Plan's objectives of energy saving, clean energy production and diversification of energy supplies, with the aim of making Europe independent from Russian fossil fuels following the Russian invasion.
Today's payments follow the Council's approval of these countries' revised plans, which include a RepowerEu chapter, and the signing of financing agreements.
The pre-financing, paid in one or two stages, represents up to 20% of the additional funds required to finance each country's RepowerEu chapter.
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