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Recovery, Portugal presents the first EU plan

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The government’s draft on the Recovery fund comes on the day Portugal becomes the first country to present the final document in Brussels. This was announced by the president of the European Commission, Ursula Von der Leyen on Twitter: «Portugal has just presented its recovery plan. I welcome this important milestone so that the EU emerges stronger from the crisis ». Portugal, president of the EU Council, is therefore the first country of the 27 to officially present its plan.

At the same time, as mentioned, the first indiscretions on the Italian level emerge: the document will be discussed in the next council of ministers. Overall, the National Recovery and Resilience Plan amounts to 221.5 billion, of which 191.5 attributable to the Recovery fund and 30 billion to the complementary fund. The funds will be divided between six “missions”: digitization, innovation, competitiveness and culture, with 42.5 billion; green revolution and ecological transition with 57 billion; infrastructure for sustainable mobility with 25.3 billion; education and research with 31.9 billion; inclusion and cohesion with 19.1 billion; health with 15.6 billion. Overall, the intervention concerns 135 investments and 7 reforms.

In 2026, investments should guarantee a growth of three points of GDP, while the average growth of the economy between 2022 and 2026 will be 1.4 points higher than in the 2015-2019 period. Numbers that will be discussed in the meeting attended by the majority heads of delegation at Palazzo Chigi with Prime Minister Mario Draghi and the ministers most involved in drafting the Pnrr, including Daniele Franco, Roberto Cingolani, Vittorio Colao.

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Satisfied Marco Bussone, president of Uncem Nazionale: “The first figures of Missions and Components, which emerged from the tables of the National Recovery and Resilience Plan and of the complementary deficit fund that will go to the Council of Ministers tomorrow, are very good for territories and mountain areas , with a leading role of the Municipalities that we had hoped for in various locations ».

Meanwhile, in the morning also the EU Commissioner for the Economy, Paolo Gentiloni, greeted the Portuguese plan with enthusiasm: «It marks the beginning of a new phase to better rebuild our European economy. In the coming weeks we will receive and evaluate the plans of almost all the EU countries, transforming the EU Next Generation into reality ».

The President of the Commission, Von der Leyen, therefore recalled that “in order to be able to make the first payments, it is necessary that all the Member States have ratified the decision on own resources. I am confident that everything will be in order by the summer. The Commission looks forward to evaluating the Portuguese plan, which focuses on resilience, climate and digital transitions and includes projects in almost all European flagship sectors. ‘

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