Italy is one of the European
countries at the forefront of the implementation of the
EU-funded post-COVID National Recovery and Resilience Plan
(NRRP) and the first to have requested the sixth and seventh
installments, a European Commission spokesperson told ANSA on
Wednesday.
"The Commission and Italy cooperate on a daily basis, with the
common objective of dealing with the obstacles and accelerate
the payment of funds to beneficiaries", also said the
spokesperson, commenting on a study on the manufacturing
industry which was published Tuesday.
The European Commission announced last month that it had
disbursed Italy's sixth payment for its National Recovery and
Resilience Plan worth 8.7 billion euros - 6.9 billion in loans
and 1.8 billion in grants.
The NRRP seeks to make the Italian economy greener and more
modern with projects financed with the help of 194.4 billion
euros in EU grants and low-interest loans under of the bloc's
post-Covid Recovery Fund.
The payments are conditional on Italy passing structural
reforms.
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