EU Expresses Concern Over Delays in Italy's COVID-19 Recovery Plan Implementation
The European Union has expressed concern over delays in Italy's implementation of reforms under its post-pandemic recovery plan.
Italy is the main beneficiary under the bloc's $860 billion COVID-19 recovery package and has agreed to a timetable for implementing economic reforms.
However, delays in implementation could result in the temporary recovery and resilience facility being frozen.
Brussels wants the money to be spent on projects that boost Europe's transition to a greener and more digital economy, and on infrastructure, especially the rail sector.
However, delays in implementation could result in the temporary recovery and resilience facility being frozen.
Brussels wants the money to be spent on projects that boost Europe's transition to a greener and more digital economy, and on infrastructure, especially the rail sector.
