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Recovery Plan, yes EU to Italy: Draghi guarantees reforms

Final touches to the Recovery Plan, which will renew the 2023 building bonus only in maneuver but not the pension advance wanted by the League - Green light from the Council of Ministers after a clarifying phone call between Draghi and Von der Leyen in which the premier guaranteed the reforms requested by Brussels to free up resources

Recovery Plan, yes EU to Italy: Draghi guarantees reforms

A further filing arrives at the Recovery Plan, approved in the evening by the Council of Ministers after a clarifying phone call between Prime Minister Mario Draghi and the President of the European Commission Ursula Von der Leyen and expected to be examined by Parliament early next week. The latest corrections will not fail to cause discussion. The subject of the latest decisions are two measures considered very important by some parties and which the Government has instead decided not to extend beyond the set deadline. In particular the 110% building superbonus, whose extension to 2023 was not initially foreseen in the draft, as hoped by Pd, Movimento 5 Stelle and also Forza Italia. To extend the coverage another 10 billion was needed, but for now the Government explains that in September an examination of the effective use of the measure will be carried out and then a decision will be made whether to extend them, but that the vague assurances of the text are not considered sufficient by those who ask immediately coverage for the entire next two years. So come for now only the extension to 2023 for social housing has been confirmed, which, moreover, was already foreseen in the last Budget law, therefore not financed with European funds. Confindustria is also very much against this decision.

The other novelty, which in reality is also a confirmation in this case, concerns Quota 100 for the pension advance, the Lega's fetish provision, which is stopped by the latest draft of the Pnrr where it is confirmed that, as expected, "it will end at the end of the year". Meanwhile, Mario Draghi has spent the last few hours filing the definitive text which will be delivered to Brussels by 30 April. “Italy is not doomed to decline”, he says in his introduction to the text. The prime minister summarizes the distribution of funding: "40% of the resources go to the South, 38 to green and 25% to digital". On his table, late in the evening the comforting judgment of Standard & Poor's which confirms the triple B with a stable outlook for our debt and expects growth of 4,7% this year; more than the Def. But it is on the 318 pages of the Recovery which focuses the attention of political forces and observers. Digital and green come out stronger: the plan for new broadband telecommunications, with a batch procedure, will need 7 billion instead of the expected 3 billion. Change of course also on the production of renewable energy: now the focus is on the so-called agrovoltaic, i.e. panels in the countryside, rather than on the collection of solar energy on marine platforms.

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