Italy struggles to spend EU recovery funds

Italy struggles to spend EU recovery funds

Italy is failing to speed up its use of EU COVID-19 recovery funds, with new data showing that only half of the allocated money has been spent so far. By 2026, Italy is set to receive €194.4 billion from the EU’s Recovery and Resilience Facility (RRF). But some bureaucratic hurdles and delays have slowed progress. As of December 2024, Rome had used €63.9 billion of the €122 billion received… Source

The Democratic Party attacks: “The Prime Minister reports in the courtroom on the doubts of the MEF”

Compared to everything we have communicated and anticipated in the public space since October last year, the only novelty in the EC communication is the fact that the suspended amount will most likely be higher than the amount circulated in October last year. Thus, instead of 1.1 billion euros, we will probably have at least 1.5 billion euros suspended. This amount is estimated based on a calculation procedure established by the European Commiss…