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We must get cracking on NRRP reforms or miss out - Draghi

We will lose EU funding if we miss deadlines says premier

(ANSA) - ROME, MAY 13 - Premier Mario Draghi said Friday that the government must press on with reforms it has pledged to implement in exchange for EU funding for its National Recovery and Resilience Plan (NRRP) or risk losing out on the cash.
    "The structure of the NRRP foresees the allocation of funding being bound to the respect of deadlines for the achievement of precise goals," Draghi told the Verso Sud' forum organized by the Minister for the South Mara Carfagna.
    "We must proceed rapidly with the reforms agreed with the European Union in order not to lose access to the funding and be able to overcome the fragilities that have slowed the growth of Italy and the South of the country (in particular)".
    The EU has allocated close to 200 billion euro to Italy in grants and low-interest loans as part of its COVID-19 recovery plan, the NextGenerationEU programme, for the NRRP. (ANSA).
   

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