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Italy today presents to the EU projects for 40 billion of investments

The National Investment Task Force has presented a selection of projects to the European Commission, the European Investment Bank and Member States for a funding request of over €40 billion

Italy today presents to the EU projects for 40 billion of investments

The national investment task force, coordinated by the Ministry of Economy and Finance
with the address of the Presidency of the Council, presented to the European task force (Commission, EIB, Member States) a selection of projects for a request for financing from the EIB amounting to over 40 billion euros. The deadline, set for today, within which all EU countries are required to send the relative financing proposals, was thus respected.

This is an important and concrete step in the initiative launched during the six-month Italian presidency of the EU by the Minister of Economy and Finance, Pier Carlo Padoan, as the current President of ECOFIN, with the aim of relaunching growth economy of the Union through investment projects, which can be activated in the three-year period 2015-2017, in five areas identified at European level: innovation, energy, transport, social infrastructure and protection of natural resources

With the contribution of the Prime Minister, the national task force, which in addition to the Mef involves the Ministry of Economic Development, the Ministry of Transport, the Ministry of Education, University and Scientific Research, the Ministry of the Environment, the Ministry of Health and the Secretariat of the CIPE, carried out the recognition of the Italian projects assisted by the Cassa Depositi e Prestiti.

In selecting the projects, national priorities were taken into account, identifying the operations which, in terms of structure, financial plan and state of progress, appear to be compatible with the procedures envisaged by the EIB for accessing financing.

The national task force, which thus becomes a stable working group and which can be extended to other administrations, will now follow the successive phases of the process of projects in the European context starting from the preparation of funding requests.

In addition to the main tangible and intangible infrastructural works, such as for example the plan for ultra-broadband and important road and motorway axes, investment programs were presented for the prevention of hydrogeological risk, for financing SMEs, for interconnection and energy efficiency, for the 'good school' plan.

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