The European Commission postponed this Tuesday. third tranche of the European crisis relief fund Italy was awarded 19,000m euros for the “problems” in approaching milestones and targets, and the “complexity” of the plan, which required a complementary assessment.
Community sources confirmed to Europa Press: The decision to extend the evaluation period by one month was agreed between Brussels and Romebecause they think that work should be continued in order to conclude the reform plan based on the demand for payment in a “positive” manner.
Thus, the evaluation period has passed. three months was originally agreed uponAs in the case of Spain, a total of four, taking into account the “complexity” involved, and also to ensure that all evidence provided by Italy “can be given due consideration”.
Rome to date received two payments of 24,900 and 21,000 million, It requested the third payment last December, but needs the positive evaluation of the Community Manager and the approval of its other partners in the EU.
The analysis from Brussels was scheduled to arrive between the end of February and the beginning of March. Rome provided the payment between April and May, however, the community and Italian authorities have agreed to extend the plan for another month to refine it.