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South delay weighs on whole country, NRRP a chance-Visco

Attack development delay factors says BoI chief

Redazione Ansa

(ANSA) - ROME, JUN 20 - The "delays" in economic development of southern Italy are weighing on the whole of Italy and the post-COVID EU-funded National Recovery and Resilience Plan (NRRP) is a chance to make up the gap, Bank of Italy Governor Vincenzo Visco said Monday.
    "The gravity of the Mezzogiorno's delay in development and the southern question are slowing down the whole growth of the national economy," Visco said in presenting the report 'The North-South Gap: Economic Development and Public Intervention', compiled by Bank of Italy economists.
    The RNNP, he said "now offers an extraordinary opportunity to attack the delay factors in the economy and bolster territorial cohesion (between north and south)". (ANSA).
   

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