AGI – The Recovery plan Italian is about to cross the final finish line. Italy is ready to present the National Recovery and Resilience Plan to the European Union and expects to have part of the resources already available by the summer. Economy Minister Daniele Franco assured, in a joint statement in video link with colleagues from Germany, France and Spain, that the Italian PNRR, after having “received a broad consensus in Parliament”, will be sent to the EU ” within the week “.
Tomorrow the Council of Ministers, except for postponements, should give the final green light the 248 billion investment and reform package (191.5 billion of Recovery funds, another 30.6 billion of the complementary fund financed in deficit and additional resources from the React-Eu and from the programming of the EU structural and investment funds).
The Plan, explained the owner of the Economy, “contributes to the achievement of three fundamental objectives: to repair the economic and social damage of the pandemic; build a more technologically and scientifically advanced economy while ensuring inclusion; a long-term change with an irreversible ecological transition “. Franco then insisted on the importance of structural reforms that” will increase potential growth and employment “.
“An important role will be played by contextual reforms, which will make the institutional environment more favorable to business activity and growth, for example by improving the efficiency of the public administration and speeding up the timing of civil justice “, said the minister explaining that” the ultimate goal is to to hand over to the next generations a more dynamic, more sustainable and more inclusive country “.
The decree for the distribution of the 70 billion euro of the maxi deviation is also expected in the CDM 2021-2033 for additional investments to the European funds of the Recovery fund. A parallel line of financing which includes the 30.06 billion of the complementary fund to the NRP for 2021-2026. The 5 billion for 2021 will be recovered from the extra 40 billion deficit approved by the Chambers to finance the Sostegni bis decree which will not see the light before next week.
The construction of the provision is in fact taking longer than expected so much so that, according to what is reported, it is not excluded that the dl may slip further and be launched in the week between 10 and 16 May. This is why it is now necessary to approve a decree to extend a series of deadlines set at the end of April, first of all the fiscal ones. But the crux of the covers remains.
The government is working on the further postponement at the end of July, with the end of the state of emergency, the tax bills frozen (until April 30) by the emergency measures. To finance the new postponement of the resumption of notification and collection activities for over 35 million suspended files, it is precisely considering using part of the budget variance that will be used to finance the Sostegni bis decree, but the financial spaces are reduced given that 5 billion are already committed to the extra Recovery fund and at least 22 billion will be used for new non-repayable grants and the restocking of fixed costs for businesses. The previous fiscal extension has already cost the state coffers 500 million euros and a new intervention could require even more.
The package of interventions also includes the extension until 30 September for agile work in the public administration without prior individual agreement, eliminating the forecasts of minimum or maximum percentages of personnel who can work remotely, a term to which the private. Also coming is the postponement of the deadlines for the budgets and reports of local authorities, which should be one month, the extension to September 30 of the validity of expired documents and identity cards as well as a series of other extensions.
.