Italy’s €235bn Resilience and Recovery Plan (RRP), which pairs EU funds with national commitments, seeks to reboot the country’s economy over the next five years. The investment is part of the €800bn Next Generation EU economic relaunch package, following the Covid-19 pandemic.
The RRP involves additional spending worth 10% of gross domestic product (GDP) until 2026, alongside a package of ambitious structural reforms. More than half the plan focuses on greening Italy’s economy and digitalisation. On top of this, there will be increased spending on education and research, infrastructure and sustainable mobility, and social cohesion and health.