Italy top for NRRP funding, 122 bn out of 194: Meloni

Newswire

Rome: Italy is top for the amount of funding received under the European Union’s near 200 billion euro post-COVID Recovery Fund for its National Recovery and Resilience Plan (NRRP) with 122 billion received out of the total of 194, Premier Giorgia Meloni said after a meeting of the ‘Control Room’ on the plan this week.

“With the collection of the sixth installment, expected by the end of 2024, Italy confirms itself as the nation that has received the largest amount of financing, equal to 122 billion euros, corresponding to 63% of the overall allocation of 194.4 billion euros”, she said.

“During 2024, significant results were achieved that confirmed Italy’s European primacy in the implementation of the Plan, in terms of the number of objectives achieved, total resources received and payment requests approved.

“In these days, together with the titular Administrations, the Bodies and the responsible Institutions, we are working hard to report on the objectives of the seventh installment and to formalize the consequent payment request by the end of the year”.