Italy's PNRR Performance Under Government of Giorgia Meloni
An overview of Italy's progress and challenges in utilizing EU Recovery Fund resources.
Italy's National Recovery and Resilience Plan (PNRR) has faced scrutiny and challenges as the government under Prime Minister Giorgia Meloni strives to meet theprogram's objectives.
With just a year and a half until the initial 2026 deadline, Italy's progress is comparable to a tortoise in a race, despite leading in overall funding access among European nations.
The European Commission has highlighted Italy's status as the largest beneficiary of the €650 billion EU Recovery and Resilience Facility, receiving a total of €194.4 billion, significantly more than other countries such as Spain, which has secured €163 billion, and Poland at €59.8 billion.
As of now, Italy has successfully submitted seven out of a total of ten payment requests, which is notably more than any other EU member state, excluding Hungary, which has not submitted any.
These submissions have resulted in Italy receiving €122.2 billion, or 63% of its allocated funding, surpassing the EU average of 41%.
The upcoming request for the seventh installment is expected to raise this figure to 72.2%.
In contrast, Spain, which has a program of similar size, has submitted five requests and received only €48 billion, approximately 30% of its total allocation.
Italy is also tasked with achieving 7,115 specific milestones and targets across its recovery plan, with the highest number of targets—621—in the EU, of which 438 are investment-related and 183 pertain to reforms.
A recent monitoring report indicated that Italy leads in achieving these objectives, having completed a substantial number of targets, but broader public awareness and acknowledgment of such progress appears limited.
Recent reports indicate advancements in several areas, such as the digitalization of public administration, with thousands of public administrations adopting new digital payment systems like PagoPA.
The Italian government has made strides in green transition initiatives, including sustainable infrastructure and an improved railway network.
Efforts to enhance social welfare, particularly for the elderly, have also been acknowledged.
Nevertheless, public perception remains focused on reported slow spending rates, which hover around €65 billion, despite the government revealing an additional €12 billion in unregistered projects due to administrative coding issues.
Economists and industry leaders are calling for more decisive actions and a shift in direction to capitalize on these available funds effectively.
With just a year and a half until the initial 2026 deadline, Italy's progress is comparable to a tortoise in a race, despite leading in overall funding access among European nations.
The European Commission has highlighted Italy's status as the largest beneficiary of the €650 billion EU Recovery and Resilience Facility, receiving a total of €194.4 billion, significantly more than other countries such as Spain, which has secured €163 billion, and Poland at €59.8 billion.
As of now, Italy has successfully submitted seven out of a total of ten payment requests, which is notably more than any other EU member state, excluding Hungary, which has not submitted any.
These submissions have resulted in Italy receiving €122.2 billion, or 63% of its allocated funding, surpassing the EU average of 41%.
The upcoming request for the seventh installment is expected to raise this figure to 72.2%.
In contrast, Spain, which has a program of similar size, has submitted five requests and received only €48 billion, approximately 30% of its total allocation.
Italy is also tasked with achieving 7,115 specific milestones and targets across its recovery plan, with the highest number of targets—621—in the EU, of which 438 are investment-related and 183 pertain to reforms.
A recent monitoring report indicated that Italy leads in achieving these objectives, having completed a substantial number of targets, but broader public awareness and acknowledgment of such progress appears limited.
Recent reports indicate advancements in several areas, such as the digitalization of public administration, with thousands of public administrations adopting new digital payment systems like PagoPA.
The Italian government has made strides in green transition initiatives, including sustainable infrastructure and an improved railway network.
Efforts to enhance social welfare, particularly for the elderly, have also been acknowledged.
Nevertheless, public perception remains focused on reported slow spending rates, which hover around €65 billion, despite the government revealing an additional €12 billion in unregistered projects due to administrative coding issues.
Economists and industry leaders are calling for more decisive actions and a shift in direction to capitalize on these available funds effectively.
Translation:
Translated by AI
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