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General

Italy to spend a quarter of EUR 200 bln EU funds on 'digital innovation'

Tuesday 27 April 2021 | 10:11 CET | News
Italian prime minister Mario Draghi has presented details of a EUR 235 billion economic recovery plan to parliament, confirming that around a quarter of the total will be allocated to boosting digitalisation. Italy is the main recipient of the EU's EUR 800 billion post-pandemic recovery fund and is set to receive around EUR 205 billion in loans and grants, which will be topped up by EUR 30.6 billion of its own borrowing. 

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Categories: General
Companies: European Commission
Countries: Italy
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