The EU-funded 200-billion-euro post-covid National Recovery and Resilience Plan (NRRP) is the biggest challenge facing the government, and it must respect the time frame for implementing it, Premier Giorgia Meloni said after the second 21 billion tranche was released by the European Commission on Tuesday.
“The NRRP is the government’s and Italy’s biggest challenge,” Meloni told her first ‘control room’ meeting on implementing the plan, which Rome is aiming to tweak to address the energy crisis.
“We can’t afford not to spend (the funds) within the time frame laid down and we must do it in the best way possible”.
The control room would periodically monitor the implementation of the plan, which depends on Italy achieving ‘milestone’ structural reforms to the civil service, justice system and other sectors.
Economy Minister Giancarlo Giorgetti hailed the release of the second tranche, and said it showed that the steps taken so far had been “the right ones”, stating:
“We will continue with determination and seriousness.”
