Home » Recovery Fund, the EU: “Italy has done well, the first loans arrive”

Recovery Fund, the EU: “Italy has done well, the first loans arrive”

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“Italy has asked for a total of 190 billion and there will be advances of 25 billion and I suppose that in the next 2-3 weeks the money will be transferred”. This was stated by the EU budget commissioner Johannes Hahn in Agorà on Rai3 when asked about the timing for the disbursement of the pre-financing of the Recovery Fund. «The good news is that Italy has prepared itself very well, its program has been excellently prepared. This is why I am very sure that the investments will be positive, ”he added. “The emphasis now must be on implementation, on implementation: injecting this money into the economy by creating jobs. In that case, I am confident that Italy too can lead by example, ”concluded Hahn.

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