Italy may become a "normal" country
if the huge EU-funded National Recovery and Resilience plan
(NRRP) succeeds in achieving key structural reforms to the civil
service and justice system, among other things, Economy Minister
Daniele Franco said Wednesday.
"If the NextGeneration EU project is successful, it is probable
that the EU public finance instruments become normal operational
instruments." he told the winners of the NRRP competition for
civil servants.
"The outcome of the Italian plan will be decisive.
"Italy is being asked to start growing again, to create jobs, to
become an innovative country.
"If this happens, it will give confidence to Europe also on the
capacity of innovative instruments to contribute to the dynamic
of our economies."
The NRRP, which is getting the lion's share of EU grants and
low-interest loans under the NextGen scheme, calls for a
transformation of the economy in an innovative and green way
while slashing red tape and speeding a snail-paced justice
system to lure investors and spur growth which has been sluggish
for decades.
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