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Home»World»Europe»Spain
Spain

Italy asks for the payment of the seventh installment of the PNRR, Meloni: “2025 a crucial year”

12 months agoNo Comments3 Mins Read
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Italy has submitted a request for the seventh installment of funding from the European Commission for the National Recovery and Resilience Plan (PNRR), totaling 18.3 billion euros. The request follows the verification of 67 objectives related to the implementation of infrastructure projects, investments in clean energy, public transportation, cybersecurity measures, healthcare improvements, educational opportunities, and strategic reforms. The funding will support initiatives such as the enhancement of energy transmission infrastructure, the expansion of zero-emission buses and trains, the renovation of railway stations, the establishment of territorial operational centers for public health, and scholarships for deserving students.

In addition to the investments, the PNRR also includes several strategic reforms, including competition law, measures to expedite public administration payments, revisions to universal civil service, and renewable energy initiatives in line with Italy’s ambitious goals. The seventh installment payment will be made upon the completion of the evaluation process by European procedures to ensure the targets and milestones are met. Italy’s proactive approach to funding requests highlights its commitment to implementing the PNRR projects efficiently and effectively to achieve the desired outcomes.

Italian Prime Minister Giorgia Meloni emphasized the importance of the year 2025 for the second phase of the PNRR, which involves the actual implementation of investments. She stated that Italy is the first European country to formally request the seventh installment payment, bringing the total funding received to over 72% of the PNRR’s allocated budget. Meloni stressed the critical nature of the next phase, which requires timely execution without delays to ensure the successful realization of objectives. The government and all involved administrations must work diligently to achieve the desired outcomes and maximize the benefits of the PNRR.

The objectives of the seventh installment include investments in energy transmission infrastructure, clean public transportation, cybersecurity measures, healthcare improvements, educational opportunities, and strategic reforms as part of Italy’s commitment to the PNRR. The funding will support projects such as expanding zero-emission transportation options, renovating railway stations, enhancing public health infrastructure, providing scholarships to deserving students, and implementing sustainable energy initiatives aligned with the goals of the PNRR. Italy’s request for funding demonstrates its dedication to advancing key sectors and driving economic recovery through targeted investments and reforms.

The completion of the evaluation process will determine the disbursement of the seventh installment payment following European procedures to ensure compliance with the established targets and milestones. Italy’s progress in requesting and securing funding for the PNRR projects signifies its proactive approach to driving recovery and fostering resilience in key sectors. The government’s commitment to implementing the PNRR initiatives effectively and efficiently demonstrates its determination to leverage European support for sustainable growth and development in Italy. Italy’s efforts to secure funding for the PNRR projects reflect its commitment to achieving tangible results and driving economic recovery and resilience across various sectors.

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