The European Commission has given the green light to Italy’s fifth installment of its National Recovery and Resilience Plan, worth 11 billion euros. This payment is based on meeting 52 planned goals and objectives, with progress made in implementing 14 reforms and 22 investments across various areas of Italy, such as competition law, waste management, and education.
Key measures in the plan include the closure of irregular landfills through the national waste management program and reforms in the education system. However, an objective related to public procurement and concessions framework requires further clarification before payment can be made.
Italian Prime Minister Giorgia Meloni expressed her satisfaction over the approval of the fifth installment, stating that Italy exceeded the goals set for this payment. The funding from the European Commission is seen as a positive sign for Italy and its citizens, demonstrating that the government is on track with its recovery and resilience objectives despite some doubts from certain quarters.
The decision from Brussels also negates any predictions of government failure or loss of European funding, showing that Italy is making progress in utilizing financial support provided by the European Commission for its recovery and development initiatives.
