Draghi says deal reached with EU on Italy's recovery plan - officials


  • World
  • Sunday, 25 Apr 2021

FILE PHOTO: Italy's Prime Minister Mario Draghi speaks at a news conference where he is expected to map out the country's next moves in loosening coronavirus disease (COVID-19) restrictions, in Rome, Italy, April 16, 2021. REUTERS/Remo Casilli/Pool

ROME (Reuters) - Italy has reached a deal with the European Commission over its recovery plan, Prime Minister Mario Draghi told cabinet late on Saturday, after days of intense talks, paving the way for it to be submitted to Brussels by the end of April.

Italy plans to spend more than 220 billion euros ($266 billion) from European Union and national funds to revive its coronavirus-battered economy, a draft seen by Reuters showed.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Trump seeks records about evidence handling in latest bid to delay documents case
UK and allies unmask and sanction Russian leader of LockBit cybercrime gang
'Tsar' Putin tells the West: Russia will talk only on equal terms
Colombia's illegal armed groups grew in 2023 -secret security report
Kevin Spacey overturns UK ruling in sex assault case over lawyers' mistake
Tesla Autopilot probe escalates with US regulator’s data demands
Russia, Ukraine trade allegations of chemical weapons use at global watchdog
Spankings and satin pajamas: Stormy Daniels testifies at Trump trial
Fire and hide: Ukraine's artillery pinned down by Russian drones
Iran says talks with IAEA's Grossi have been 'positive'

Others Also Read