Pnrr, green light from the EU Council for the revision of the fourth instalment

The EU Council has given the green light to the changes made to Italy’s targets for requesting the fourth installment of the Pnrr. Fitto: “The government’s work has been rewarded”

The EU Council has given the green light to the changes made to Italy’s targets for requesting the fourth installment of the Pnrr. “Italy’s amended plan covers 10 measures, including incentives for energy efficiency under the so-called Superbonus, the increase in childcare facilities, the development of the space and film industry and sustainable transport” , the EU Council announces. The request to modify the fourth installment was presented by Italy on 11 July and has already received the Commission’s yes.

Fitto: “The green light will allow us to ask for tranches of 16.5 billion”

“This morning, together with my European affairs counterparts gathered in Brussels for the General Affairs Council, we adopted the decision that definitively accepts the requests for modification, presented by the Italian Government, of some objectives relating to the fourth payment request of the Pnrr. This concerns a very important result which rewards the work carried out in recent months and which we welcome with great satisfaction”. Raffaele Fitto, the Minister for European Affairs, the South, cohesion policies and the Pnrr, said this in Brussels. “This positive result – the Minister declared – is the result of an intense and fruitful collaboration between the Government and the European Commission and will allow Italy to present the relevant payment request and start the procedure for the disbursement of the 16.5 billion euros expected for the fourth installment of the Pnrr. Today’s decision by the Council of the European Union is the best proof that Italy can efficiently manage European resources, to give impetus to the implementation of the Plan and relaunch growth, productivity and employment in our country”.

Del Pizzo: “Forward with simplification to speed up works”

“The hope is to continue along the path undertaken by the Government to simplify the authorization and implementation procedures to accelerate the completion of the works, anticipating the related benefits for the country” declared Francesco Del Pizzo, director of Network Development and Dispatching Strategies, at a hearing at the Budget Commission, as part of the examination of the Report on the state of implementation of the National Recovery and Resilience Plan. “In February this year, Terna – states Del Pizzo – began discussions with the Ministry of the Environment and Energy Security for new interventions to be included in the revision of the Pnrr, within the REPower EU chapter. In detail, to the extent for the electricity transport networks, three interventions were included for a total contribution of 840 million euros: 500 million euros for the eastern section of the Tyrrhenian Link, the submarine electric cable that will connect Sicily to Sardinia and Campania (while the western section received authorization from MASE a few days ago), 200 million euros for the direct current connection between Sardinia, Corsica and Tuscany, and lastly, 140 million euros for the implementation of projects on the development of technologies and skills”.