Italy Faces Challenges in Utilizing EU Recovery Funds

Reported 10 months ago

Italy is striving to effectively use its share of the EU Recovery Fund, aimed at revitalizing its economy post-pandemic. While the country has received substantial funds, there are concerns over delays in spending and a fragmented approach that may hinder long-term productivity growth. Olive millers like Pierluigi Ceccarelli are seeking to upgrade operations with EU support, but many other projects face bureaucratic hurdles. Experts argue that a more strategic focus on key sectors is essential for meaningful economic improvements.

Source: YAHOO

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