Brussels, 28 June 2024
On Friday, the Commission has received Italy’s sixth payment request under the Recovery and Resilience Facility (RRF) for €8.5 billion, of which €1.6 billion in grants and €6.9 billion in loans.
It concerns 24 milestones and 13 targets, and covers reforms in public procurement, late payments, undeclared work, and social inclusion, as well as follow-up measures to sustain implementation efforts in the areas of justice, public administration and public accounting rules.
The request also includes important investments in areas such as the digitalisation of businesses, security of gas supply, rail connections, and infrastructure works in the Special Economic Zone in the South of Italy.
The Commission will now assess the request and will then send its preliminary assessment of Italy’s fulfilment of the milestones and targets required for this payment to the Council’s Economic and Financial Committee.
Italy’s overall recovery and resilience plan is financed by €71.8 billion in grants and €122.6 billion in loans. Italy is the first Member State to submit six payment requests. More information on Italy’s recovery and resilience plan is available here, and on the recovery and resilience scoreboard. More information on the process of the payment requests under the RRF is available in this Q&A.