Italy is among the first countries to have sent its National Recovery and Resilience Plan to the European Commission. This was communicated by Brussels, announcing that it has received 13 out of 27 Recovery Plans to date.
The first reference deadline was set at 30 April. In addition to Italy, Belgium, Denmark, Germany, Greece, Spain, France, Latvia, Luxembourg, Austria, Portugal (which presented the plan first), Slovakia and Slovenia also managed to meet the deadline. The others will have to queue up.
These 13 countries will therefore have access to the "pre-financing of the Next Generation Eu, equal to 13% of the amount allocated to the States” (about 45 billion in figures) as early as July. On the other hand, lagging states may have to wait a few more months.
In the meantime, the EU Commissioner for the Economy also intervened on the Recovery Plan, Paolo Gentiloni, who in an interview with Il Messaggero explained: “It is important to be aware of the fact that Italy has put all the available cards on the table. We could say, the whole stake is being played, as if looking for a historic push to get out of over twenty years of low growth and high debt", he said, underlining the need to respect the deadlines set to prevent Brussels from blocking the flow of disbursements : "Once the plan has been approved, in two to three months on average, there will be an initial loan of 13% and then gradually further loans that will arrive a couple of times a year: for a country like Italy we are talking about tranches about twenty billion. Well, they are linked to the achievement of objectives set within the set times”, continued Gentiloni.
The Minister for Technological Innovation and Digital Transition also spoke about the implementation times of the projects, Vittorio Colao: “We have to go quickly. In the next six months, the country must evaluate changes, modifications. We have 5 years to spend 222 billion, six months are 9% of the time we have available. We don't have much time, this is the time we have to change something ”, she explained speaking on the Rai3 program“ Che tempo che fa ”.
