The European Commission has disbursed €24.9 billion to Italy in pre-financing, equivalent to 13% of the country’s grant and loan allocation for the Recovery and Resilience Facility (RRF) under NextGenerationEU. Italy is one of the first countries receiving a pre-financing payment under the RRF. The pre-financing will help to kick-start the implementation of the crucial…
Tag: #NGEU
CPMR Calls For Inclusion in NGEU
The Conference of Peripheral Maritime (CPMR) says it welcomes the political agreement reached by the European Parliament and the EU Council on the Multiannual Financial Framework 2021-2027. The deal marks a decisive step towards providing the regions with adequate and timely means to deliver the recovery in this uncertain moment. The agreement foresees to reinforce…
EP’s Own Resources Decision
MEPs have fast-tracked and voted already during the September plenary session on their legislative opinion on the Own Resources Decision (ORD). This removes an important barrier and speeds up the procedure to implement the key EU law to restart the economy, allowing the Commission to raise €750 billion on the markets for the recovery fund….