NRRP: Fitto meets EU task force in Brussels. Aims to request sixth and seventh installments by 2024

Brussels – Italy will submit a payment request for the sixth and seventh installments of the National Recovery and Resilience Plan by the end of 2024, said Raffaele Fitto, Minister for European Affairs Minister, the South, Cohesion Policies, and the NRRP, today (January 18) in Brussels for a meeting with the NRRRP task force.

Talks continued after the Italian government received, at the end of 2023, the fourth installment for 16.5 billion and asked to release the fifth. The focus of today’s meeting in Brussels, which Palazzo Chigi sources defined a “constructive,” was the fifth installment, which the European Commission is evaluating. 

Work to unlock the 18 billion fifth installment “continues in a very positive climate,” Fitto summarized at the end of the meeting. “The assessment procedure has just begun and, as always, it will be very rigorous, but the climate is very constructive, and I am confident.” The minister declared his intention to ask Brussels to release the payments of the sixth (11 billion) and seventh (18.5 billion) installment by the end of 2024.

“During the meeting, we also had an in-depth exchange of views on the implementation of the revised Plan,” Fitto added, anticipating that in the coming days, the government will present a decree, “on which we are working in agreement with all the administrations concerned and the implementing entities, aimed precisely at facilitating and accelerating the achievement of the objectives set in the new Plan. The goal is to submit requests for the sixth and seventh installments during 2024.” Italy is the European country with the most ambitious NRRP: 194.4 billion euros total, including 71.8 billion euros in grants and 122.6 billion euros in loans.