Connect with us

European Commission

Commission receives Italy's seventh payment request for €21 billion under the Recovery and Resilience Facility

SHARE:

Published

2 years ago

on

We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. You can unsubscribe at any time.

The Commission has received on 30 December the seventh payment request from Italy under the Recovery and Resilience Facility (RRF), for €5.3 billion in grants and €15.7 billion in loans.

Italy's request concerns 67 milestones and targets.

It covers reforms against environmentally harmful subsidies, as well as in the areas of justice, public administration and procurement, waste management, sustainable energy, and education. It also covers investments in cybersecurity and digitization of public administration, climate adaptation, renewable energy, energy poverty, sustainable transport and agriculture, and scholarships at graduate and post-graduate level.

The Commission will now assess Italy's fulfilment of the milestones and targets linked to this payment request. It will then share its preliminary assessment with the Council's Economic and Financial Committee.    

Italy's overall recovery and resilience plan is financed by €194bn in loans. More information on the Italian plan is available online. 

Share this article:

Share this:
Related Topics:
EU Reporter publishes articles from a variety of outside sources which express a wide range of viewpoints. The positions taken in these articles are not necessarily those of EU Reporter. Please see EU Reporter’s full Terms and Conditions of publication for more information EU Reporter embraces artificial intelligence as a tool to enhance journalistic quality, efficiency, and accessibility, while maintaining strict human editorial oversight, ethical standards, and transparency in all AI-assisted content. Please see EU Reporter’s full A.I. Policy for more information.
Advertisement

Trending