Brussels – Italy, good fifth. The European Commission gives the preliminary green light to the new €11 billion payment request under the National Recovery Plan (NRRP). The EU executive’s assessment is positive, paving the way for disbursement to the government. The new tranche of EU resources, requested by the country before Christmas, includes €3.2 billion in guarantees and €7.9 billion in loans. The only catch: procurement measures and policies. This is the only measure that Brussels cannot approve and for which an amendment to the national text will be necessary.
The disputed…