NextGenerationEU: Commission disburses €21 billion to Italy under the Recovery and Resilience Facility
date: 10/11/2022
They cover key reforms in the areas of public employment, public procurement, teaching, tax administration and healthcare, as well as investments covering key policy areas such as ultra-broadband and 5G networks, research and innovation, tourism and culture, production and consumption of clean hydrogen, urban regeneration and digitalisation of schools. As with all Member States, payments under the Recovery and Resilience Facility (RRF), the key instrument at the heart of NextGenerationEU, are performance-based and contingent on Italy implementing the investments and reforms outlined in its Recovery and Resilience Plan. The overall Recovery and Resilience Plan of Italy will be financed by €191.6 billion (€68.9 billion in grants and €122.6 billion in loans).