“Over 100 billion euros in the South”, that’s where the European money goes – Libero Quotidiano

“Over 100 billion euros in the South”, that’s where the European money goes – Libero Quotidiano
“Over 100 billion euros in the South”, that’s where the European money goes – Libero Quotidiano

Huge resources of the European Recovery Fund will go to the South. The beauty of 100, just 100, billion euros. This was stated by the Minister of Economy Daniele Franco: “With the NRP we intend to give a boost to the convergence process. The Government, using prudential criteria, estimates that over 80 billion will be allocated to the South, 40% of the total can be distributed on a territorial basis, the estimate is conservative “, explained the minister during the question time in Parliament.

Franco, however, specified: “In addition to 33 billion with projects already destined for the South, for other resources to the regions of the South minimum prudential thresholds have been applied taking into account the initiative, tender or project and the final recipients of the investment “. In short, there will be various criteria to be taken into consideration:” For investments intended for municipalities or individuals, the population criterion, for companies the Istat index on incidence of active ones. “In short, 80 billion plus 33: we are 113 billion, to be precise.

Finally, the minister explained that the resources arriving from the EU will be a great opportunity for the whole national territory, but also specified that success will depend on the individual structures involved: “Full success in the use of these huge resources will be achieved if all national and local public structures are able to follow up on the projects entrusted to them within the established terms and times., the Government is committed to strengthening the administrative and technical capacity of the structures involved “.

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billion euros South European money Libero Quotidiano

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