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NextGenerationEU: European Commission endorses positive preliminary assessment of Italy's request for €21 billion disbursement under the Recovery and Resilience Facility

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The European Commission has endorsed a positive preliminary assessment of Italy's payment request for €21 billion, of which €10bn of grants and €11bn of loans under the Recovery and Resilience Facility (RRF), the key instrument at the heart of NextGenerationEU.  On 30 December 2021, Italy submitted to the Commission a payment request based on the 51 milestones and targets selected in the Council Implementing Decision for the first instalment. They cover reforms in the areas of public administration, public procurement, justice, the spending review framework, tertiary education, active labour market policies and the framework law to strengthen the autonomy of people with disabilities. They also concern major investments in the field of digitalisation of businesses (“Transition 4.0”), energy efficiency and renovation of residential buildings. With their request, the Italian authorities provided detailed and comprehensive evidence demonstrating the satisfactory fulfilment of the 51 milestones and targets. The Commission has now sent its positive preliminary assessment of Italy's fulfilment of the milestones and targets required for this payment to the Economic and Financial Committee (EFC), asking for its opinion. Following the EFC's opinion, the Commission will adopt the final decision on the disbursement of the financial contribution, after which the disbursement to Italy would take place. More information is available in a press release and Q&A online.

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