Overview
- Italy formally presented the revision at the Cabina di Regia on 26 September, outlining a €14 billion adjustment equal to about 7% of the plan.
- The government says the overhaul reallocates resources, introduces new executable measures, and strengthens high-performing interventions focused on competitiveness, infrastructure, and social and territorial cohesion.
- Officials emphasize that the revision does not cut ambitions and keeps the overall Recovery and Resilience Plan envelope at €194.4 billion.
- The stated goal is to simplify the plan’s closing phase by removing bureaucratic bottlenecks and accelerating delivery through new financial instruments.
- Rome reports it is preparing for the eighth EU payment, with objectives reached rising to 374 and cumulative transfers set to surpass €153 billion, or roughly 79% of the plan’s funding.