Italy met its commitments below the Next Generation EU by reaching all 45 nationwide restoration plan targets for the primary half of the 12 months and has already despatched the Commission its request for the second tranche of EU pandemic restoration funds value €24.1 billion.
Of the €191 billion whole Rome is about to obtain from the nationwide restoration and resilience plan, Rome has already despatched the Commission its request for the fee of the second tranche value €21 billion – €10 billion in grants and €11 billion in loans. The first tranche was additionally value €21 billion.
“The European Commission’s allocation of the resources will occur in the upcoming months, following the completion of the evaluation process required by the regulations”, the financial system and finance ministry introduced on Wednesday.
Meanwwhile, the Chamber of Deputies gave its ultimate inexperienced mild on Wednesday to transform the legislative decree containing measures that implement the nationwide plan.
NextGenerationEU is the biggest restoration bundle in EU historical past, of which Italy was given the biggest share.
The Italian plan covers a spectrum of investments, from healthcare to tradition, passing by means of digitisation and environmental sustainability.
Italy ready for second tranche of EU COVID money, ministry says – EURACTIV.com & More Latest News Update
Italy ready for second tranche of EU COVID money, ministry says – EURACTIV.com & More Live News
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Italy ready for second tranche of EU COVID money, ministry says – EURACTIV.com & More News Today
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