Ahead of Friday’s European Union (EU) summit, Italian Economy Minister Roberto Gualtieri reiterated the country’s support for the new recovery fund worth 750B euros.
Adding that they will try not to modify the overall amount or the breakdown between grants and loans to try and achieve that goal.
As mentioned before, Spain and Italy are not really the ones that need extreme convincing right now. That lies more with the “frugals” and especially the Netherlands.
It is crucial to close EU negotiations over the recovery fund as soon as possible, if possible already in this European council.