• Recovery: Von der Leyen in Rome on June 22, Pnrr is awaited

  • Recovery, first EU bond issue: € 20 billion raised

  • Bank of Italy.

    Visco: "Recovery is a formidable challenge, maintaining support for those who lose their jobs"

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June 21, 2021 "Carrying out recovery plans will be very challenging, especially for those countries that receive the largest resources in relation to GDP. Sometimes it is those countries that have greater difficulties in absorbing European resources. Therefore, it will be a commitment remarkable and in 4 or 5 years we will understand if this bet will be won. If this is the case, it will also change the fate of the European Union ". This was stated by the European Commissioner for Economy, Paolo Gentiloni, speaking, via video conference, at the second Conference of Taormina and Messina hosted within Taobuk.



"Dragons right man at the right time"

"Keeping Italy's commitments" on the PNRR "will be fundamental, but also difficult", but "there are favorable conditions with a large parliamentary majority led by the right man at the right time, namely Mario Draghi" underlined Gentiloni. "As for the reforms - he said - there is undoubtedly a link between the Recovery plan and the reforms. The European Commission issues recommendations to the various countries for reforms every year: this is not only true for Italy, but for all states. Italy proposes in the Recovery plan - added the European Commissioner for the Economy - to intervene in some sectors, I am thinking of justice, competition, the public procurement sector and public administration, the tax authorities.All major issues whose reforms will not be written in Brussels but the latter will condition the disbursement of resources to the achievement of objectives. Maintaining these commitments - Gentiloni reiterated - will be fundamental, but also difficult ".




The procedure for the approval of the Italian plan is underway today

, ok within 24 hours

The procedure for the approval of the Italian Pnrr has officially started. According to what is learned, the Commission has launched the so-called 'written procedure', that is the method of approval that does not provide for the physical meeting of the college of commissioners but only the approval of the cabinets in written form. No further comments are expected on the text, which should therefore be definitively approved within 24 hours, the standard duration of the approval process.