62% of Italy NRRP spending in 2026 - EU Audit Court

(ANSA) - ROME, SEP 2 - The European Union Audit Court said Monday that Italy will have to do 62% of its total spending under the National Recovery and Resilience Plan (NRRP) in the final year of the scheme in 2026.
    The 62% of the investments envisaged in Italy's NRRP will have to be finalised in the last 8 months of the Plan's implementation in 2026, the court said.
    In this period, the auditors said, Italy will have to realise 28% of the targets in order to receive 19% of the funds.
    The findings were contained in an EU Court of Auditors report focusing on delays in Plan investments.
    At the European level, the states have set targets and objectives in 2026 for an average 39% of investments and 14% of reforms.
    Italy's 62% of investments to be finalised in the last eight months compares with a level of 30% in Spain and 70% in the case of Poland. (ANSA).