Italy is to get 172.7 billion
euros of the 750-billion-euro EU Recovery Fund for the
coronavirus emergency, if the European Commission's plan is
approved, well-informed sources told ANSA Wednesday.
Some 81.087 billion will be granted as aid and 90.938 as
loans, they said.
European Economic Affairs Commissioner Paolo Gentiloni said
Wednesday that "the Commission is proposing a 750 billion euro
Recovery Fund that will be added to the joint instruments
already launched.
"(It is) a European turning point to face an unprecedented
crisis," added the former Italian premier.
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