At the end of Friday, the Italian Council of Ministers approved a plan by the country’s Prime Minister, Mario Draghi, to remove bureaucratic obstacles. This is an important commitment from the President to receive the first shipment of € 24,000 million to European Recovery Funds.
The decree aims to facilitate public works projects and simplify contractual procedures that, in theory, should encourage growth.
That approval comes at a time when the Prime Minister’s approval rating hits an all-time high. According to a poll by Ipsos published this Saturday in the Corriere della Sera, 66 percent of Italians are in favor of the prime minister’s plans, up from 58 percent in April.
Measures need to add accelerating broadband internet service in the country and approving renewable energy projects and employment plans for women and youth.
The decree also provides for the creation of a body to oversee European funds, which is expected to amount to around 200,000 million euros, making Italy the largest recipient of these funds.