The European Commission said in its
spring package of recommendations on Wednesday that there was an
"increasing risk of delays" in Italy's EU-funded post-Covid
National Recovery and Resilience Plan (NRRP).
The NRRP seeks to make the Italian economy greener and more
modern, with projects financed by almost 200 billion euros in EU
grants and low-interest loans on condition that all agreed
targets are met by 2026.
Rome wants to negotiate with the European Commission to revise
the plan due to problems in getting some of the related projects
completed by the required deadline.
The Commission is still making assessments on implementation of
the plan for a decision on approval of payment of the delayed
third tranche of funding.
"The implementation of Italy's recovery and resilience plan is
underway, however with increasing risk of delays," the
Commission said.
"Italy submitted 3 payment requests, corresponding to 151
milestones and targets in the plan and resulting in an overall
disbursement of 42 billion euros. "Proceeding swiftly with the
implementation of the plan and the negotiation of its amendment
is essential due to the temporary nature of the Recovery and
Resilience Facility in place until 2026.
"The negotiation on the addendum and REPowerEU chapter is
ongoing but Italy has not submitted any official proposal".
The Commission said that Italy should "ensure an effective
governance and strengthen the administrative capacity,
particularly at subnational level, to allow for a continued
swift and steady implementation of the recovery and resilience
plan"
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