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Italy unable to use EU funds


DECRYPTION - Rome accumulates delays and unsuitable projects. Brussels blocks the payment of 19 billion.


Does Rome risk compromising the European recovery plan?

The question that some muttered "mezza voce" is beginning to find some echo.

Italy, which received the largest share of the plan, will not be able to achieve the 200 billion euros of investments planned by 2026, at least not within the time limits set by Europe.

Which sooner or later risks compromising Europe's ability to raise funds on the markets.

Over the weeks, Italy's difficulties in respecting commitments and deadlines are increasingly evident:

"Some interventions by June 30, 2026 will not be able to be carried out

, even ended up conceding Raffaele Fitto, the Minister for European Affairs in charge of implementing the recovery plan.

It is mathematical, and it must be said clearly


In fact, the difficulties accumulate.

Already, Brussels has not validated the achievement of the objectives of the plan at the end of 2022, and postponed for the second time, to the end of April, the…

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Source: lefigaro

All news articles on 2023-03-29

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