Tag: 19bn

Italy said on Thursday (27 July) it planned to use EU money to fund an investment programme worth around €19 billion to strengthen power and gas grids and make its economy greener.

The move is part of efforts by Prime Minister Giorgia Meloni to present a revised post-COVID recovery plan to European Union authorities next month.

“There will be a serious face-off with the European Commission,” EU Affairs Minister Raffaele Fitto said during a press conference.

Italy is due to