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EU says Italy still has 4 bn euros of funding uncommitted

European fund for 2014-2020 included 6.2 bn for Italian projects

Redazione Ansa

(ANSA) - Brussels, January 20 - Italy has more than four billion euros of European Union funding from 2014 still available - about 66% of the total budget available, the EU said Tuesday.
    Only one-third of the total 6.2 billion euros available for projects has been committed by Italy, making it one of the slowest to make use of money available from Brussels.
    EU officials say they will transfer the excess money to the 2015 budget for Italy.
   

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