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Meloni denies worsening of situation on 3rd NRRP tranche

Meloni denies worsening of situation on 3rd NRRP tranche

'Work on 4th payment installment ongoing'

ROME, 30 June 2023, 15:45

Redazione ANSA

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- ALL RIGHTS RESERVED

-     ALL RIGHTS RESERVED
- ALL RIGHTS RESERVED

Premier Giorgia Meloni on Friday dismissed suggestions that the situation has worsened on approval of the long-delayed payment of the third tranche of funding for Italy's massive post-Covid National Recovery and Resilience Plan (NRRP).
    "There is no worsening on the third installment of the NRRP," Meloni told reporters after the European Council in Brussels.
    "The spoilers who seek to undermine our work are not hitting the target. On the fourth (installment) work is ongoing and will take a long time," she added.
    The European Commission said Friday that it was still making assessments for approval of payment of the third tranche, amounting to 19 billion euros.
    Payments are made by the EU on condition that agreed targets have been met.
    To date Italy has received nearly 67 billion euros in low-interest loans and grants from the EU for the plan largely in support of the ecological transition and technological innovation.
    Rome is in talks with Brussels on possible changes to the NRRP, amid fears it will not be possible to complete all the related projects by the final deadline of 2026.
   

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