July 8, 2020 / 6:05 AM / a month ago

EU's Gentiloni wants Italy recovery plans by October - La Stampa

FILE PHOTO: A man wearing a protective face mask and gloves is seen in Capri, as the spread of coronavirus disease (COVID-19) continues in Capri, Italy, April 24, 2020. REUTERS/Ciro De Luca

MILAN (Reuters) - The European Commission wants Italy to present a detailed economic plan to accompany the EU’s planned Recovery Fund by October, EU Economy Commissioner Paolo Gentiloni told the La Stampa daily newspaper on Wednesday.

“It will have to include specific proposals on investment and reforms, with very clear timetabled stages and it must include priorities shared at EU level, such as the Green deal and digital transition,” Gentiloni told the newspaper.

“We need certainty that national programmes are consistent with European priorities.”

The comments come ahead of an EU summit next week to discuss the 27 member-bloc’s overall budget as well as a multi billion euro Recovery Fund proposed by the Commission.

Reporting by James Mackenzie; Editing by Jacqueline Wong

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