EU: national recovery plans presented to the European Commission
Portugal was the first country to present its recovery plan to the European Commission.
REUTERS - YVES HERMAN
Text by: RFI Follow
5 mins
The Italian government made public this Sunday, April 25, its draft recovery plan funded by the European Union.
France will submit its national recovery plan to Brussels on Wednesday.
Objective for Paris: to collect some 40 billion euros in European aid to help finance the French recovery after the health crisis.
Where are the other countries?
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With our correspondent in Brussels
,
Joana Hostein
Portugal was the first country to present its recovery plan to the European Commission.
It was last Thursday.
One way of setting an example for Lisbon, which holds the rotating presidency of the European Union.
A dozen Member States should follow this week, one explains in Brussels, including France.
The first payments in July?
The president of the European Commission hopes to be able to adopt all the plans by the summer to disburse the first payments in July.
And to be adopted, these national plans must meet specific criteria: devote 20% of investments to the digital transition, 37% to green projects, in particular to the fight against climate change.
At the same time, around ten countries have yet to ratify the European recovery plan, including Hungary, Poland and
Germany.
German justice has just lifted an obstacle to this ratification by rejecting an appeal aimed at contesting the European common debt mechanism.
As a reminder, no payment will be possible without everyone's green light.
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See also: European recovery fund: France denounces the slowness of ratification in the EU
What does the Italian plan look like?
On Sunday, Rome, the main beneficiary of the Next Generation EU program, released the latest version of its plan.
It is presented this Monday in Parliament.
But, according to the government spokesperson, he has already obtained a first assent from Brussels.
It is a plan of 222 billion euros over 5 years, including 191 billion financed by the EU.
It is structured around six major missions. The same as those established by the previous government although the distribution varies slightly. The heaviest envelope, with 69 billion euros, is intended for the green revolution. The government intends to invest in public transport, renewable energies, and hydrogen ... It also sets a goal of recycling 65% of plastic waste and 100% of textiles. The recovery plan aims for a more connected Italy, with investments in high-speed trains or the development of a latest generation internet network, without white zones. 32 billion euros will go to education and research. Among other things, the construction of nurseries and nursery schools is planned. A measure that could help fulfill another objective:improve female employment. In this perspective, a fund for women's entrepreneurship will be created. And then, companies participating in projects financed by European funds will have to commit to hiring women and young people according to certain criteria. Young people being one of the other two big targets of this plan with the southern part of the country. The government anticipates an impact on the South's GDP significantly greater than that expected for the country as a whole.one of the two other big targets of this plan with the southern part of the country. The government anticipates an impact on the South's GDP significantly greater than that expected for the country as a whole.one of the two other big targets of this plan with the southern part of the country. The government anticipates an impact on the South's GDP significantly greater than that expected for the country as a whole.
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