Italy Faces Challenges in Utilizing EU Recovery Funds

Reported 3 days 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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