Here we are: the first 25 billion coming from Europe

Here we are: the first 25 billion coming from Europe

let’s go. The following is a definite step towards the PNRREcofin, 27 Council of EU Finance Ministers. This should be a source of pride for Italy, Prime Minister Mario Draghi. The project is the result of close cooperation between the government and the ministries. It was approved by a large majority in Parliament after the full participation of local authorities and community partners. In addition to Italy, Austria, Belgium, Denmark, France, Germany, Greece, Latvia, Luxembourg, Portugal, Slovakia and Spain also received OK from Ecofin. On July 26 there will be another extraordinary ecofin for the approval of projects in Slovenia, Lithuania, Cyprus, Croatia and perhaps Ireland.

Now these states can start adoption Pre-financing up to 13% The total amount of individual plans. Italy expects $ 25 billion In the coming weeks, the end of July or the beginning of August, the finance minister said Daniel Franco, “Today approved projects include 390 billion funds, Italy owns 191 billion It will be about half, ”he commented. The EcoFin list also includes EU growth forecasts released from the European Commission’s summer estimates, which show clear improvements throughout the euro area and in Italy, where GDP is expected to grow by 5% by 2021. “Commissioner Gentiloni He pointed out that this is the biggest change seen in many years.

This is a comeback compared to the 9 points lost last year, ”said Minister Franco. We are making a big leap, but there are four more to catch. ” So great comeback, but we shouldn’t be fooled by the percentage points, because It is possible to recover from the collapse caused by Kovid Franco only announced it in the third quarter of next year. Although some European countries will already be successful this year, Gentiloni said in the coming weeks.

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Approval of the Italian Plan to the Commissioner It’s just the beginning of a journey It will end in 2026. “Every year we do an inspection to see if the plans are being respected and the goals are being achieved,” he said. “When those goals are reached from Brussels, they come with those cadences. I think it’s important that EU institutions show that they are committed to what they have done.

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