The European Commission has therefore given the green light to the first installment of loans for Italy of 21 billion euros from the Recovery Fund: 10 billion in transfers and 11 billion in loans. Palazzo Chigi announced that the preliminary positive assessment of the request made by Rome at the end of December arrived from Brussels, certifying the achievement of the 51 objectives set in the NRRR for 2021.
Von der Leyen: “We believe that Italy has made good progress in receiving its first payment”
«Today we announce an important step forward in the implementation of the Italian Recovery Plan – commented the President of the European Commission Ursula von der Leyen – we believe that Italy has made good progress to receive its first payment under the Next Generation Eu. As soon as this payment request is also approved by the Member States, Italy will receive 21 billion euros ”.
Italy is one of the biggest beneficiaries of Next Generation Eu
Italy is the largest beneficiary of Next Generation Eu and, added von der Leyen, “has undertaken important reforms in public administration, public procurement, civil and criminal justice, as well as in the field of business digitization. We will continue to support Italy in its ambitious recovery path ».
The Commission: “Detailed and comprehensive evidence”
“The Italian authorities have provided detailed and comprehensive evidence demonstrating the satisfactory achievement of the 51 objectives”, wrote the Commission, which “thoroughly assessed this information before submitting its preliminary positive assessment of the payment request”.
Significant progress in the implementation of the Italian NRP
The document underlines that “the milestones and the objectives achieved demonstrate significant progress in the implementation of the Italian plan for recovery and resilience and its broad program of reforms: the reform of civil and criminal justice and the bankruptcy framework, the increasing administrative capacity and simplifying the public procurement system will help strengthen the business environment and the effectiveness of the public administration ‘.