The European Commission is finalizing
its assessment of Italy's request for the fourth installment of
payment for its National Recovery and resilience Plan (NRRP),
worth 16.5 billion euro, a spokesperson said on Thursday.
"On the request for the fourth instalment of payment" under the
NextGenerationEU programme established by the European Union to
help member states recover from the Covid-19 pandemic, with
resources to be deployed in the period 2021-2026 period, "the
Commission continues its constructive dialogue with the Italian
authorities," the spokesperson said.
"In recent days we have adopted our assessment of the recovery
and resilience plans of a number of countries. We expect to
conclude the one on the revised Italian NRRP very soon and we
will communicate the outcome of our assessment as we always do
for each Member State," she added.
In October Italy received the third installment of funding worth
18.5 billion euro for implementation of the NRRP.
The revised plan presented by the government before the summer
and now being examined by European Commission experts also
includes a separate 2.76-billlion-euro submission requested
under the RePowerEU programme containing measures to help end
Italy's dependence on Russian fossil fuels and fast forward the
green transition.
European Affairs Minister Raffaele Fitto has said the fourth
installment worth 16.5 billion euro should arrive before the end
of the year, although there are still a number of hoops to go
through first.
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